Question: please show me how did you get the correct answer. thanks Marigold Company is considering a long-term investment project called ZIP ZIP will require an

please show me how did you get the correct answer. thanks

Marigold Company is considering a long-term investment project called ZIP ZIP will require an investment of $117,480. It will have a useful life of 4 years and no salvage va Annual cash inflows would increase by $74,900, and annual cash outflows would increase by $39,300. Compute the cash payback period. (Round answer to 1 decimal ple e.g. 10.5.) Cash payback period 2.99 years. Click if you would like to show Work for this question: Open Show Work LINK TO TEXT

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