cash inflows:

$($Click the icon to view the data.$)$

Calculate the sandbox toy project's payback period.

First, enter the formula, then calculate the payback period. $($Enter amounts in dollars, not millions. Round your answer to two decimal places. Abbreviation used: Amt. $=$ Amount.$)$

$+(,][,]$

$=$ Payback

Data table

Toy World will consider making capital investments only if the

payback period of the project is less than $3\mathrm{.}5$ years and the

ARR exceeds $8\%.$