Question: Question 28 1 pts You are evaluating a project that costs $10,000. The project has a 4 year life and in that time produces the

 Question 28 1 pts You are evaluating a project that costs

Question 28 1 pts You are evaluating a project that costs $10,000. The project has a 4 year life and in that time produces the following cash flows: Time Cash Flow 5000 1 2 4000 3000 3 4 2000 What is the project's payback? (Enter your answer to two decimal places)

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