Year 0: $5,250

Year 1: $2,000

Year 2: $3,000

Year 3: $4,000

Year 4: $4,450

What is the payback period for the following set of cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Year 0 Year 1 Year 2 Year 3 Year 4 Answer is complete but not entirely correct. Payback period 2.16 years