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(Ignore Income taxes In this problem.) The Zinger Corporation Is considering an Investment that has the following data: Year 1 Year 2 $3.900 $2,900 Year
(Ignore Income taxes In this problem.) The Zinger Corporation Is considering an Investment that has the following data: Year 1 Year 2 $3.900 $2,900 Year 5 Year 3 Year 4 $12.500 Investment $9.500 $2,900 $4,900 $4.900 Cash Inflow Cash Inflows occur evenly throughout the year. The payback perlod for this Investment Is: (Round your answer to 1 decimal place) O 4 years ears O 4.2 years O 3.2 years
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