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QS 24-4 (Algo) Payback period and unequal cash flows LO P1 Compute the payback period for an investment with the following net cash flows. (Round

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QS 24-4 (Algo) Payback period and unequal cash flows LO P1 Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place.) Net Cash Plows Cumulative Net Year per Year Cash Flow Initial investment $ (111,000) $ (111,000) 11,100 (99.900) 21,200 (78.800) 21,100 (57,700) 20,710 (36,990) 5. 41,100 4,110 6. 41,100 45,210 1. 2. 3. 4. Payback period years

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