Assume you invest $17,000 today. How much will you have in six years at an interest rate of 9%? Future Value of $1: 8% 1 1.080 2 1.166 3 1.260 4 1.360 5 1.469 6 1.587 Nm 10 9% 1.090 1.188 1.295 1.412 1.539 1.677 10% 1.100 1.210 1.331 1.464 1.611 1.772 O A. $30,124 O B. $26,979 O C. $26,163 OD. $28,509 A company is evaluating three possible investments. The following information is provided by the company: Project A Project B Project C $212.000 $54,000 $212,000 0 26,000 24.000 Investment Residual value Net cash inflows: Year 1 Year 2 Year 3 Year 4 Year 5 24,000 15,000 56.000 56,000 56.000 56.000 56.000 11.000 92.000 62,000 72,000 32.000 0 8,000 0 What is the payback period for Project A? (Assume that the company uses the straight-line depreciation method.) (Round your answer to two decimal places.) O A. 2.79 years OB. 3.79 years OC. 2.25 years OD. 5.00 years