Question: Question 2 (1 point) Find the Payback period for the following project: Project Y Initial Outlay $18,600 Year 1 $5,860 Year 2 $5,060 Year 3

 Question 2 (1 point) Find the Payback period for the following

Question 2 (1 point) Find the Payback period for the following project: Project Y Initial Outlay $18,600 Year 1 $5,860 Year 2 $5,060 Year 3 $5,040 Year 4 $6,290 The answer should be calculated to two decimal places. Your

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