3 Homework: Chapter 26 Practice Problems Question E26-20 (simi.. HW Score: 66.67%, 4.67 of 7 points O Points: 0 of 1 Save Robertson Hardware is adding a new product line that will require an investment of S1,454,000. Managers estimate that this invesiment will have a 10-year life and generate nel cash inflows of $320.000 the first year, S290,000 the second year, and $260 000 each year thereafter for eght years Compute the payback period Round to one decimal place The payback in years is Help me solve this Demodocs example Get more help Clear all | Check