Question: Please help me solve this question. Here is the complete question below. 7. (Ignore Income taxes in this problem.) The Zinger Corporation is considering an
Please help me solve this question. Here is the complete question below.

7. (Ignore Income taxes in this problem.) The Zinger Corporation is considering an Investment that has the following data: Year 1 Year 2 Year 3 Year 4 Year 5 Investment $12,500 $3,900 Cash Inflow $2,900 $2,900 $9,500 $4,900 $4,900 Cash inflows occur evenly throughout the year. The payback period for this Investment Is: (Round your answer to 1 decimal place) 3 years 3.2 years O 4.2 years 4 years
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