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Compute the payback period for an investment with the following net cash flows. ( Round your answer to one decimal place. ) YearNet Cash Flows

Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place.) YearNet Cash Flows per YearCumulative Net Cash FlowsInitial investment$ (100,000)$ (100,000)1.10,000(90,000)2.20,000(70,000)3.20,000(50,000)4.30,000(20,000)5.40,00020,0006.40,00060,000

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