Project A costs $1000. The project has the following cash flows: Year 1. $200. Year 2. Year 3. $300. $400. $400 What is the Payback Period for Project A O 4 years O 5 years O 3 years and 6 months O 4 years and 6 months Year 4. 1 Year 5 $500

Project A costs $1000. The project has the following cash flows: What is the Payback Period for Project A 4 years 5 years 3 years and 6 months 4 years and 6 months