Compute the payback period for an investment with the following net cash flows. Note: Round your answer to one decimal place. Year Initial investment 123456 1. 2. dille 3. 4. 5. 6. Payback period Net Cash Flows per Year $ (106,000) 10, 600 20,600 20, 600 37,960 40, 600 40, 600 years Cumulative Net Cash Flows $ (106,000) (95,400) (74,800) (54,200) (16,240) 24,360 64,960

Compute the payback period for an investment with the following net cash flows. Note: Round your answer to one decimal place