What is the payback period for the following set of cash flows?

Year	Cash Flow
0	$ 4,100
1	3,000
2	1,600
3	1,500
4	1,500

rev: 09_18_2012

1.99 years

1.71 years

1.69 years

1.77 years

1.64 years

What is the payback period for the following set of cash flows? Year Cash Flow -$4,100 3,000 1,600 1,500 1,500 2b 1.99 years 1.71 years O1.69 years O 1.77 yeans 1.64 years