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i Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Cash Flow Cost Cash flow year 1 Cash

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i Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Cash Flow Cost Cash flow year 1 Cash flow year 2 Cash flow year 3 Cash flow year 4 Cash flow year 5 Cash flow year 8 E $48.000 $10.222 $10.222 $10.222 $10.222 $10.222 $10.222 $105.000 $42.000 $31.500 $21.000 $10.500 SO SO Print Done Payback period. What are the payback periods of projects E and F in the following table: ? Assume all the cash flow is evenly spread throughout the year. If the cutoff period is 3 years, which project(s) do you accept? What is the payback period for project E? years (Round to one decimal place.)

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