If the initial investment is $200,000 and cash flows are $20,000, $50,000, $80,000, and $100,000. What is the payback period of the project   3 years 6 months   3 Years   Cannot be determined   2 years 6 months

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If the initial investment is $200,000 and cash flows are $20,000, $50,000, $80,000, and $100,000. What is the payback period of the project

 

3 years 6 months

 

3 Years

 

Cannot be determined

 

2 years 6 months

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