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f The manager of a business is considering a project that will cost $390,000 to implement. The project will last three years until it would
f The manager of a business is considering a project that will cost $390,000 to implement. The project will last three years until it would be shut down. The annual Cash Flow is shown below. Year Annual Cash Flow 1 $165,000 2 145,000 3 160,000 How much is the Payback period? O a. 3 years Ob. 2 years and 6 months O c. 2 years and 4 months Od. 1.58 years
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