What is the payback period for Project A? (Assume that the company uses the straight-line depreciation method.) (Round your answer to two decimal places.)

A company is evaluating three possible investments. The following information is provided by the company: What is the payback period for Project A? (Assume that the company uses the straight-line depreciation method.) (Round your answer to two decimal places.) m ___} I___ ___-1 _aa