What is the payback period for the following set of cash flows? Year Cash Flow -$ O 8,800 2,500 2,700 2,900 1,300 1234 Multiple Choice 3.84 years 3.56 years 3.54 years 3.49 years 3.72 years

What is the payback period for the following set of cash flows? Multiple Choice 3.84 years 356 years 3.54 years 3.49 years 372 years