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(Payback period calculations) You are considering three independent projects: project A, project B, and project C. Given the cash flow information in the popup window,

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(Payback period calculations) You are considering three independent projects: project A, project B, and project C. Given the cash flow information in the popup window, ! , calculate the payback period for each. If you require a 3-year payback before an investment can be accepted, which project(s) would be accepted? What is the payback period of project A? years (Round to two decimal places.) 1 Data table Initial Outlay Inflow year 1 Inflow year 2 Inflow year 3 Inflow year 4 Inflow year 5 PROJECT A - $1,100 500 300 200 100 600 PROJECT B - $9,000 4,000 2,000 2,000 2,000 2,000 PROJECT C - $6,000 2,000 2,000 4,000 4,000 4,000 Print Done

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