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(ignore income taxes in this problem.) The Zinger Corporation is considering an investment that has the following data: Year 3 Year 4 Year 5 Investment

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(ignore income taxes in this problem.) The Zinger Corporation is considering an investment that has the following data: Year 3 Year 4 Year 5 Investment Cash inflow Year 1 $12.500 $2,900 Year 2 $3,900 $2,900 $9,500 $4,900 $4,900 Cash Inflows occur evenly throughout the year. The payback period for this investment is: (Round your answer to 1 decimal place) O 3.2 years 4.2 years 3 years O 4 years

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