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Tiger Management Services is considering an investment of $75,000. Data related to the investment are as follows: Year Cash Inflows 1 $20,000 2 23,000 3

Tiger Management Services is considering an investment of $75,000. Data related to the investment are as follows:

Year Cash Inflows

1 $20,000

2 23,000

3 17,000

4 50,000

5 20,000

The investments payback period in years (rounded to two decimal points) is:

A) 3.30

B) 2.23

C) 3.38

D) 3.00

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