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(Ignore income taxes in this problem.) The Zinger Corporation is considering an investment that following data: has the Year 2 Year 3 Year 4 Year
(Ignore income taxes in this problem.) The Zinger Corporation is considering an investment that following data: has the Year 2 Year 3 Year 4 Year 5 Investment Cash inflow Year 1 S16,500$4.700 $3,700 $3,700 55700$5.700 $9,100 $5,700 Cash inflows occur evenly throughout the year. The payback period for this investment is. Round your answer to 1 decimal place) O 48 years O 4 years O 3 years 38 years
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