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Green Cars Inc. is considering a project with the following expected cash flows. Year 0 1 2 3 Cash Flow -S75,000 $18,500 $18,500 $18,500 $18.500

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Green Cars Inc. is considering a project with the following expected cash flows. Year 0 1 2 3 Cash Flow -S75,000 $18,500 $18,500 $18,500 $18.500 $12.500 $12,500 $12.500 S12,500 4 5 6 7 8 What is the payback period of this project? 1.28 years 2.28 years 4.08 years 3.28 years

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