In what year will payback occur for Project X? Round up to the next year if your answer is not an even number. 3.2 years = in year 4.

	Project X
Initial investment	$190,000
Year one inflows	$25,000
Year two inflows	$40,000
Years three inflows	$10,000
Year four inflows	$8,000
Years 5-15 inflows	$15,000

Group of answer choices:

Year 9

Year 11

Year 13

Year 12

Year 10