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What is the payback period for this project? a. Impossible to determine b. 3 years and 5 months c. 4 years and 8 months d.

What is the payback period for this project?

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a. Impossible to determine

b. 3 years and 5 months

c. 4 years and 8 months

d. 4 years and 10 months

e. 5 years and 2 months

f. None of the above

Investment 5,000 Year 1 2 3 4 Cash inflow 1,000 1,000 0 5,000 2,000 1,000 5

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