Question 1 If a project costs $633,329, and has the cash flows outlined in the table below, what is this project's payback period in years (use two decimal places in your response)? Year 1 Year 2 69,767 97,884 Year 3 179,813 Year 4 60,774 Year 5 Year 6 Year 7 162,991 11,710 10 pts 34,761 Year 8 78,105 9 10 11 -80 12 13 14 15 16 17 @ 3 18 19 20

If a project costs $633,329, and has the cash flows outlined in the table below, what is this project's payback period in years (use two decimal places in your response)