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There is a project with the following cash flows: Year 1 Cash Flow -$29,600 8,700 8,550 7,950 6,800 2 3 4 What is the payback

There is a project with the following cash flows: Year 1 Cash Flow -$29,600 8,700 8,550 7,950 6,800 2 3 4 What is the payback period? What is the payback period? Multiple Choice 400 years 2.45 years 395 years 3.65 years 3.88 years

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