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The cost of a project is OMR 90,000 which has an expected life of 5 years. The cash inflows for next 5 years are OMR

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The cost of a project is OMR 90,000 which has an expected life of 5 years. The cash inflows for next 5 years are OMR 28,000; OMR 29,000; OMR 25,000; OMR 27,000 and OMR 26,000 respectively. Determine the payback period. None of them 2.39 Years 5 Years 3.29 Years

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