Business
Business, 20.12.2021 15:00, mmaglaya1

A company is considering two projects. Project A Project B Initial investment $200,000 $200,000 Cash inflow Year 1 $60,000 $90,000 Cash inflow Year 2 $60,000 $90,000 Cash inflow Year 3 $60,000 $40,000 Cash inflow Year 4 $60,000 $50,000 Cash inflow Year 5 $60,000 $70,000 What is the payback period for Project B? a.4.5 years b.2 years c.3 years d.3.5 years e.2.5 years

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