value: 2.00 points Chee Corporation has gathered the following data on a proposed Investment project. (ignore Income taxes in this problem.) $440,000 Investment required in equipment Annual cash Inflows Salvage value Life of the Investment Required rate of return $77,000 $0 20 years 13% The company uses stralght-ine depreciation. Assume cash flows occur uniformly throughout a year except for the Initial Investment The payback period for the investment is closest to: O 0.2 years O 10 years O 37 years O 57 years