Question: how do I compute this? Porter Company is analyzing two potential investments. Project X $ 68,000 Project Y $ 60,000 Initial investment Net cash flow:
how do I compute this?

Porter Company is analyzing two potential investments. Project X $ 68,000 Project Y $ 60,000 Initial investment Net cash flow: Year 1 Year 2 Year 3 Year 4 24,000 24,000 24,000 4,000 26,000 26,000 20,000 The payback period in years (rounded to 2 decimal places) for Project X is: Multiple Choice 2100
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