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3. You need to invest $120,0,000 today and will receive $20,000 in year 1, $40,000 in year 2 and $30,000 in year 3. Interest is

3. You need to invest $120,0,000 today and will receive $20,000 in year 1, $40,000 in year 2 and $30,000 in year 3. Interest is 8%. Compute Payback Period. Show all work Show all work in an Excel file. Create SHEET 1 FOR QUES 3 (this question)

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