ABC Inc. is looking at investing in a 3-year project that will create cash inflows of $7,000 in the first year, $8,000 in the second year, and $9,000 in the third year. The cost of this project is $18,000, and the required return is 12%. What is the payback period on this project? Multiple Choice 2 years +6 months 2 years +4 months 2 years 2 years +9 months