Problem 16 . Intro You are evaluating an investment project costing $42,000 initially. The project will provide $3,000 in after-tax cash flows in the first year, and $7,000 each year thereafter for 10 years. The maximum payback period for your company is 6 years. IB Attempt 1/10 for 10 pts. Part 1 What is the payback period for this project? ||1+ decimals Submit