An investment project provides cash flows of $6,500 per year for 10 years. If the initial cost is $30,000, what is the payback period? O 3.7 years O 4.9 years O 4.8 years O 4.6 years O Never

An investment project provides cash flows of $6,500 per year for 10 years. If the initial cost is $30,000, what is the payback period? 3.7 years 4.9 years 4.8 years 4.6 years Never