Consider the following information:

	Cash Flows, $
Project	C0	C1	C2	C3	C4
A	6,500	+2,500	+2,500	+2,200	0
B	1,800	0	+1,000	+3,500	+4,500
C	5,100	+2,500	+3,400	+4,500	+6,500

a.	What is the payback period on each of the above projects? (Round your answers to 2 decimal places.)

Project	Payback Period
A	year(s)
B	year(s)
C	year(s)