$1$

Park Company is considering an investment of $$32,500$ that provides net cash flows of $$10,600$ annually for four years. What is the investment's payback period?

$1$

$\backslash$table$[[$Payback Period$],[$Numerator:$,1,$Denominator:,$=,$Payback Period,,$],[,1,,=,$Payback period,,$],[,,,0,,,]]$