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2 QS 11-4 (Algo) Payback period and unequal cash flows LO P1 Compute the payback period for an investment with the following net cash flows.

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2 QS 11-4 (Algo) Payback period and unequal cash flows LO P1 Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place.) 2.85 points eBook Net Cash Flows per Year $ (114,000) 11,400 21,400 21,400 39,100 41,400 Year Initial investment 1 2 3. 4. 5 6. Cumulative Net Cash Flows $ (114,000) (102,600) (81,200) (59,800 (20,700) 20,700 62,100 Print References 41,400 Payback period years

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