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English Eclair Shop is considering an investment of $72,000. Data related to the investment are as follows: Year Cash Inflows 1 $20,000 2 22,000 3
English Eclair Shop is considering an investment of $72,000. Data related to the investment are as follows: Year Cash Inflows 1 $20,000 2 22,000 3 24,000 4 30,000 5 30,000 The investments payback period (rounded to two decimal points) is: Select one: A. 3.13 B. 3.20 O C. 2.33 D. 3.25
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