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Consider the following cash flows: Year Cash Flow 0 $ 6,400 1 1,850 2 3,700 3 1,650 4 1,350 What is the payback period for
Consider the following cash flows:
Year | Cash Flow | |
0 | $ | 6,400 |
1 | 1,850 | |
2 | 3,700 | |
3 | 1,650 | |
4 | 1,350 | |
What is the payback period for the cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Payback period years
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