PS Brothers, a game manufacturer, has come up with an idea for a new board game. Consider the following cash flows: Year 0: -950 Year 1: 700 Year 2: 500 Year 3:250 Year 4: 100 Year 5: 50. What is the payback period?

Select one:

A.

1.5 years

B.

1.9 years

C.

3 years

D.

1.45 years

E.

1 year