Intro You are evaluating an investment project costing $49,000 initially. The project will provide $3,000 in after-tax cash flows in the first year, $4,000 in the second year and $7,000 each year thereafter for 10 years. The maximum payback period for your company is 9 years. Part 1 What is the payback period for this project? 0+ decimals Submit Part 2 Should your company accept this project? O NO O Yes Submit Attempt 1/10 for 10 pts. Attempt 1/5 for 10 pts.

Intro You are evaluating an investment project costing $49,000 initially. The project will provide $3,000 in after-tax cash flows in the first year, $4,000 in the second year and $7,000 each year thereafter for 10 years. The maximum payback period for your company is 9 years. Part 1 1. Attempt 1/10 for 10 pts. What is the payback period for this project? Part 2 Attempt 1/5 for 10 pts. Should your company accept this project? Ne Yes