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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 4,600 1 1,700 2 2,100 3 1,600 4

What is the payback period for the following set of cash flows?

Year Cash Flow
0 $ 4,600
1 1,700
2 2,100
3 1,600
4 2,000

rev: 09_18_2012

2.45 years

2.80 years

2.50 years

2.52 years

2.62 years

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