Zeta Gaming Company has an opportunity to purchase a video game phone app that will cost $192,000. Zeta expects the demand for the app to start strong but to diminish as people tire of the game. The expected cash inflows are as follows:

Year 1	Year 2	Year 3	Year 4	Year 5
$74,000	$64,000	$54,000	$44,000	$34,000

If Zeta uses the cumulative approach the payback period for this investment is

Multiple Choice

• 1.68 years.

• 3.00 years.

• 3.82 years.

• 4.32 years.