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Tear 1 $8.353 Year 2 Year 3 $9,113 $11,809 $13.301 $14.190 $11.985 $13,983 $11,072 $14,827 Year 4 Year 5 $15.728 Question 11 9 pts If

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Tear 1 $8.353 Year 2 Year 3 $9,113 $11,809 $13.301 $14.190 $11.985 $13,983 $11,072 $14,827 Year 4 Year 5 $15.728 Question 11 9 pts If a project costs $22,851, and has the cash flows outlined in the table below, what is this project's payback period in years (use two decimal places in your response)? Year 1 Year 2 Year 3 Year 4 Year 5 9,393 9,520 7,443 5,681 2,678

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