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Year Cash Flow 0 1 2 3 4 -12,000 5000 5000 5000 5000 Assume the appropriate discount rate for this project is 13%. The payback

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Year Cash Flow 0 1 2 3 4 -12,000 5000 5000 5000 5000 Assume the appropriate discount rate for this project is 13%. The payback period for this project is closest to OA) 2.40 years OB) 1.92 years OC) 2.88 years D) 3.60 years

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