(Ignore income taxes in this problem.) The Zinger Corporation is considering an investment that has the following data:

Cash inflows occur evenly throughout the year. The payback period for this investment is: (Round your answer to 1 decimal place)

3.9 years

3 years

4 years

4.9 years

(Ignore income taxes in this problem) The Zinger Corporation is considering an investment that has the following data: Year 1 Year 2 Year 3 Year 4 Year 5 Investment $15,000 $4,400 Cash inflow $3,400 $3,400 $8,000 $5,400 $5,400 Cash inflows occur evenly throughout the year. The payback period for this investment is: (Round your answer to 1 decimal place) O 3.9 years O 3 years O 4 years O 4.9 years