You are the project manager for Insomniacs International. Since you don$$t sleep much, you get a lot of project work done. You$$re considering recommending a project that costs $$575,000$; expected inflows are $$25,000$ per quarter for the first two years and then $$75,000$ per quarter thereafter. What is the payback period?

Question $7$Answer

a$.$

$38$ months

b$.$

$39$ months

c$.$

$41$ months

d$.$

$40$ months