Required information [The following information applies to the questions displayed below.] Project Y requires a $330,000 investment for new machinery with a six-year life and no salvage value. The project yields the following annual results. Cash flows occur evenly within each year. (PV of $1, FV of $1, PVA of $1, and FVA of $1 ) (Use appropriate factor(s) from the tables provided.) 2. Determine Project Y's payback period. Table B.1* Present Value of 1 p=1/(1+i)n invest $2,784 today ($5,0000.5568). Table B 2 Future Value of 1 f=(1+i)n ($3,0001.4859). Tibble B__l Present Value of an Annuity of 1 p=[11/(1+i)n]/i Table B. 45 Future Value of an Annuity of 1 f=[(1+i)n1]/i