MC algo 8-4 Calculating Payback Period There is a project with the following cash flows: Year UAWN HO 1 2 3 4 5 What is the payback period? O Cash Flow -$ 30,050 8,700 9,800 Multiple Choice O 7,950 8,550 8,300 O 4.00 years 3.42 years 2.55 years 3.70 years

There is a project with the following cash flows: What is the payback period? Multiple Choice 4.00 years 3.42 years 2.55 years 3.70 years