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Please show all steps to the following question and select the correct answer A project has cash flows across time as follows: -190 (Year 0),

Please show all steps to the following question and select the correct answer

A project has cash flows across time as follows: -190 (Year 0), 20 (Year 1), 40 (Year 2), 60 (Year 3), 100 (Year 4), 150 (Year 5), 100 (Year 6), 30(Year 7). The projects payback is

A.

3 years

B.

4.107 years

C.

3.700 years

D.

3.293 years

E.

4 years

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