need help with question 2

Each of the following scenarios is independent. Assume that all cash flows are after-tax cash flows, a. Colby Hepworth has just invested $425,000 in a book and video store. She expects to receive a cash income of $120,000 per year b. Kylie Sorensen has just invested $1,760,000 in a new biomedical technology. She expects to receive the following cash flows cver t $880,000,$520,000, and $360,000. c. Carsen Nabors invested in a project that has a payback period of 4 years. The project brings in $960,000 per year. d. Rahn Booth invested $1,400,000 in a project that pays him an even amount per year for 5 years. The payback period is 2.5 years. Required: 1. What is the payback period for Colby? Round your answer to two decimal places. years 2. What is the payback period for Kylie? Round your answer to one decimal place. x years 3. How much did Carsen invest in the project? 4. How much cash does Rahn receive each year? per year Feedback