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Need help calculating the payback period for each year. Thank you The Investment Detective Project Free Cash Flows (in $ Thousands) Project Number 3 280

image text in transcribedNeed help calculating the payback period for each year. Thank you

The Investment Detective Project Free Cash Flows (in $ Thousands) Project Number 3 280 330 330 1,000 1,200 2,250 280 DOO 440 442 444 446 448 450 451 280 280 280 280 451 280 280 280 280 452 -2,000 15 10,000 $3,310 $2,165 $10,000 $3,561 $4,200 $2,200 $2,560 $4,150 Sum of Cash Flow Benefits Excess of Cash Flow Over Initial Investment $1,310 $165 $8,000 $1,561 $2,200 $200 $560 $2,150 The Investment Detective Project Free Cash Flows (in $ Thousands) Project Number 3 280 330 330 1,000 1,200 2,250 280 DOO 440 442 444 446 448 450 451 280 280 280 280 451 280 280 280 280 452 -2,000 15 10,000 $3,310 $2,165 $10,000 $3,561 $4,200 $2,200 $2,560 $4,150 Sum of Cash Flow Benefits Excess of Cash Flow Over Initial Investment $1,310 $165 $8,000 $1,561 $2,200 $200 $560 $2,150

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