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Grayson Corp. is considering the purchase of a piece of equipment that costs $34,269. Projected net annual cash flows over the project's life are: Year

Grayson Corp. is considering the purchase of a piece of equipment that costs $34,269. Projected net annual cash flows over the project's life are: Year Net Annual Cash Flow 1 2 3 4 $ 6,702 19,077 15,682 19,233 The cash payback period is. Round your answer by two decimals
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Using only the factors provided in this table below (do not use excel, a scientific calculator, know the correct factor to use) Interest is 6% per period If $5,200 is put in a savings account each year paying interest of 6% compounded annually, what amount will be in the account at the end of 4 years

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