Question: Please explain in as much detail as possible, I'm trying to study for the final and want to understand these questions. Thank you so much

Please explain in as much detail as possible, I'm trying to study for the final and want to understand these questions. Thank you so much

10. Guerilla Radio Broadcasting has a project available with the following cash flows: Year Cash Flow 0 -$17,400 1 7,200 2 8,500 3 2,900 4 2,500 What is the project's payback period? Do not round up to the integer; instead, calculate the payback period with fraction of years

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