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What is the conventional payback period for a project with the following cash flow series? 0 ($24,000.00) 1 $8,000.00 2 $12,000.00 3 $15,000.00 4 $14,000.00

What is the conventional payback period for a project with the following cash flow series? 0 ($24,000.00) 1 $8,000.00 2 $12,000.00 3 $15,000.00 4 $14,000.00 O 4 years O 1 year O Never O 3 years O 2 years

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