Suppose Maxxes Corporation is dealing in the Automobile industry. Based on projected costs and sales, it expects that the cash flows over the 3-year life of the project will be GHC5,000,000 in the first year, GHC7,000,000 in the next year, and GH8,000,000 in the last year. If the project's costs are GH15,000,000. The payback period for this investment would be? a. 2.4 years O b. 2.9 years O c. 1.5 years O d. 2.0 years