$4$

Park Company is considering an investment of $$30,000$ that provides net cash flows of $$11,800$ annually for four years. What is the investment's payback period?

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