(ignore income taxes in this problem) the Zinger Corporation is considering an investment that has the following data

investment -year 1 -$ 13,500 investment- year 2-$4,100 cash flow - year 1-$ 3,100 cash flow -year 2 -$ 3,100 cash flow - year 3 -$ 8,000 cash flow - year 4 - $ 5,100 cash flow - year 5 - $5,100

cash inflows occur evenly throughout the year. the payback period for this investment is : ( round your answer to 1 decimal place) 3 years 3.7 years 4 years 4.7 years