Question: You are evaluating a 4-year project, and its cash flows are ($71,000), $18,000, $22,000, $26,000, $19,000 for years 0 to 4, respectively. What is

You are evaluating a 4-year project, and its cash flows are ($71,000),

You are evaluating a 4-year project, and its cash flows are ($71,000), $18,000, $22,000, $26,000, $19,000 for years 0 to 4, respectively. What is the project's payback period? Note the number in () means negative. 2.97 3.26 3.45 3.62 3.97 4.15

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