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Question 2 4.17 pts A municipal government's project with an initial cost of $29,000 is expected to generate cash flows of $7,100,$9,000, $9,050, $8,250, and
Question 2 4.17 pts A municipal government's project with an initial cost of $29,000 is expected to generate cash flows of $7,100,$9,000, $9,050, $8,250, and $7,900 over each of the next five years, respectively. What is the project's payback period? 0 3.47 years 0 3.78 years O 3.62 years O 3.64 years O 3.41 years
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