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Find the Payback period for the following project: Project X Initial Outlay $8,490 Year 1 $3,690 Year 2 $3,410 Year 3 $3,720 Year 4 $7,550
Find the Payback period for the following project:
| Project X | |
| Initial Outlay | $8,490 |
| Year 1 | $3,690 |
| Year 2 | $3,410 |
| Year 3 | $3,720 |
| Year 4 | $7,550 |
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