Question: step by step formula not excel ABC Inc. The company has the following two projects Year 0 22 3 Cash Flow -$ 150,000 33,000 32,000

step by step formula not excel ABC Inc. The company has

step by step formula not excel

ABC Inc. The company has the following two projects Year 0 22 3 Cash Flow -$ 150,000 33,000 32,000 31,000 30,000 15,000 7,000 3,000 4 5 7 What is the payback period? (Round the final answers to 2 decimal places.)

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