Close Window Moving to another question will save this response. Question 15 of 20 Question 15 5 points Save Answer Fitchminster Armored Car can purchase a new vehicle for $20,000 that will provide annual net cash flow over the next five years of $7,000, 58,500, 53,000, 55,000, 56,000 The salvage value of the vehicle will be $2,000. Assume that the vehicle is sold at the end of year 5. Calculate the payback period of the vehicle if the required rate of return is 7.75% 2.5 years 33 years 4 years 3.7 years Moving to another question will save this response Question 15 of 20