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What is the payback period for the following set of cash flows? Year Cash Flow -$ 8,400 0 1 2 3 4 2,900 2,400 2,800

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What is the payback period for the following set of cash flows? Year Cash Flow -$ 8,400 0 1 2 3 4 2,900 2,400 2,800 1,100 Multiple Choice 0 3.29 years 0 3.57 years O 3.27 years 0 3.22 years O 3.44 years

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