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Year Cash Flow -$8,300 0 2 4 2,100 3,000 2,300 1,700 What is the payback period for the set of cash flows given above? (Do

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Year Cash Flow -$8,300 0 2 4 2,100 3,000 2,300 1,700 What is the payback period for the set of cash flows given above? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. Payback period 3.40 years

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