Question: 1 Problem 8-1 Calculating Payback [LO 1] Consider the following cash flows: Year Cash Flow 2.5 -$5,250 1,550 2,650 1,350 1,050 points 1 2 3

 1 Problem 8-1 Calculating Payback [LO 1] Consider the following cash

1 Problem 8-1 Calculating Payback [LO 1] Consider the following cash flows: Year Cash Flow 2.5 -$5,250 1,550 2,650 1,350 1,050 points 1 2 3 eBook 4 References What is the payback period for the cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Payback period years

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