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A project has the following cash flows. What is the payback period? Year Cash Flow 0 -$14,500 1 $2,200 2 $4,800 3 $6,500 4 $7,500

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A project has the following cash flows. What is the payback period? Year Cash Flow 0 -$14,500 1 $2,200 2 $4,800 3 $6,500 4 $7,500 Select one: a. 2.96 years b. 2.59 years O c.3.13 years d. 3.24 years e. 3.04 years e to search o

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