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An investment has an initial outlay of Tsh 8 0 0 M and it is estimated that it will generate the following cash inflows over

An investment has an initial outlay of Tsh 800M and it is estimated that it will generate the following cash inflows over the 10 years of its useful life. year 1 cash inflow is 40, year 2 is 50, year 3 is 100, year 4 is 240, year 5 is 200, year 6 is 60, year 7 is 120, year 8 is 90, year 9 is 300 and year 10 is 150 Calculate Payback Period

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