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Suzanne's Cleaners is considering a project that has the following cash flow data. What is the project's payback? Year begin{tabular}{cccccc} 0 & 1 & 2
Suzanne's Cleaners is considering a project that has the following cash flow data. What is the project's payback? Year \begin{tabular}{cccccc} 0 & 1 & 2 & 3 & 4 & 5 \\ \hline$1,100 & $300 & $310 & $320 & $330 & $340 \end{tabular} Cash flows a. 3.16 years b. 3.52 years C. 2.56 years d. 2.31 years e. 2.85 years
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