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What is the payback period for the set of cash flows given above? Note: Do not round intermediate calculations and round your answer to 2

What is the payback period for the set of cash flows given above?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
Payback period
yearsYear
0
1
2
3
4
Cash Flow
-$
8,500
2,100
3,000
2,300
1,700
What is the payback period for the set of cash flows given above?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
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