You are considering a project with an initial cost of $4,300.What is the payback period for this project if the cash inflows are $550,$970,$2,600,and $500 a year for Years 1 to 4,respectively?
A)2.04 years
B)2.36 years
C)2.89 years
D)3.04 years
E)3.36 years

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The Answer of You are considering a project with an initial cost of $4,300.What is the payback period for this project if the cash inflows are $550,$970,$2,600,and $500 a year for Years 1 to 4,respectively?
A)2.04 years
B)2.36 years
C)2.89 years
D)3.04 years
E)3.36 years

You Are Considering a Project with an Initial Cost of $4,300.What