Use the Table for the Question(s)below

question 5

Multiple Choice

Use the table for the question(s) below.
Consider the following two projects with cash flows in $:
-The payback period for project A is closest to:

• A)2.0 years.
• B)2.4 years.
• C)2.5 years.
• D)2.2 years.

---

Definitions:

Check Alteration

The unauthorized modification of details on a check, such as the amount or payee, usually for fraudulent purposes.

Coffee Club

An informal group or organization formed by individuals who share a common interest in drinking coffee and social interaction.

Big Bank

A large, influential financial institution capable of exerting significant impact on the national or global economy.

Banking System

The network of financial institutions that provide banking services, such as accepting deposits and lending money.