QS 24-1 (Algo) Payback period and equal cash flows LO P1 Park Company is considering an investment of $40,000 that provides net cash flows of $14,200 annually for four years. What is the investment's payback period? Numerator: 1 Payback Period Denominator: Payback Period Payback period

QS 24-1 (Algo) Payback period and equal cash flows LO P1 Park Company is considering an investment of $40,000 that provides net cash flows of $14,200 annually for four years. What is the investment's payback period