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PLEASE ANS ASAP 17- A project has an initial cost of $6,900. The cash inflows are $850, $2,400, $3,100, and $6,100 over the next four
PLEASE ANS ASAP
17-
A project has an initial cost of $6,900. The cash inflows are $850, $2,400, $3,100, and $6,100 over the next four years, respectively. What is the payback period?
Multiple Choice
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3.63 years
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2.81 years
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3.13 years
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3.09 years
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3.94 years
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