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There is a project with the following cash flows: Year 0 1 2 Cash Flow -$23,700 6,400 7,500 8,500 7,400 6,000 w N 3 4

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There is a project with the following cash flows: Year 0 1 2 Cash Flow -$23,700 6,400 7,500 8,500 7,400 6,000 w N 3 4 5 What is the payback period? Multiple Choice 3.68 years 2.85 years 4.00 years 3.38 years 3.18 years

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