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Kabab Co . is considering a $ 2 9 0 , 0 0 0 investment, which will provide net returns of $ 1 1 0

Kabab Co. is considering a $290,000 investment, which will provide net returns of $110,000, $160,000, and $200,000 in the second, third, and fourth years, respectively.
What is the payback period? Round up to the next month
Use the following table:
a.
3 years and 3 months
b.
3 years and 2 months
c.
2 years and 8 months
d.
3 years and 5 months

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