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Swerling Company is considering a project with the following cash flows. I need to learn steps with BA ll plus calculator if needed. Year Cash

Swerling Company is considering a project with the following cash flows. I need to learn steps with BA ll plus calculator if needed.

Year

Cash Flow

0

($20,000)

1

$ 3,000

2

$ 4,000

3

$ 5,000

4

$ 6,000

5

$ 7,000

What is the payback period of the proposed Swerling Company project?

1.28years

2.28 years

3.28 years

4.28 years

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