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Sanders Inc., is considering a project with the following cash flows. Year Cash Flows 0 -$50,000 1 $10,446 2 $15,403 3 $39,422 4 $75,963 5
Sanders Inc., is considering a project with the following cash flows.
Year | Cash Flows |
0 | -$50,000 |
1 | $10,446 |
2 | $15,403 |
3 | $39,422 |
4 | $75,963 |
5 | $250,733 |
What is the regular payback period for this project?
[Enter the final answer with two decimals (e.g. 5.55)]
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