Payback Period -A project has an initial cost of $25,000 and expected cash inflows of $8,000, $9,000, $3,000 and $7,500 over Years 1 to 4, respectively. What is the Payback Period of the Project? Year Value to Recover 0 $ $ 1 2 Cash Flows (25,000.00) 8,000.00 9,000.00 3,000.00 7,500.00 $ $ 3 4 $ Payback Period