Question: You are evaluating a 4 - year project, and its cash flows are ( $ 4 7 , 0 0 0 ) , $ 2

You are evaluating a 4-year project, and its cash flows are ($47,000), $22,000, $18,000, $18,000, $22,000 for years 0 to 4, respectively. What is the project's payback period? Note the number in () means negative.
Question 9 options:
1.14
1.45
1.73
2.05
2.39
2.73

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