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Stewart Associates is considering a project that has the following cash flow data. What is the projects payback? Initial investment (820.00) Cash flow-yr-1 310.00 Cash

Stewart Associates is considering a project that has the following cash flow data. What is the projects payback?

Initial investment	(820.00)
Cash flow-yr-1	310.00
Cash flow-yr-2	341.00
Cash flow-yr-3	372.00
Cash flow-yr-4	403.00

		2.10 yrs
		2.45 yrs
		3.00 yrs
		2.00 yrs

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