Osprey Company is evaluating two possible investments in depreciable plant assets. The company uses the straight-line method of depreciation The following information is available Investment A Investment B Initial capital investment $65,000 $220,000 Estimated useful life 8 years 8 years Estimated residual value $7,000 $19.000 Estimated annual net cash inflow $13,000 $40,000 Required rate of return 12% 5% How long is the payback period for Investment A? A. 5.50 years B. 9.29 years OC. 1.86 years OD 5.00 years