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Find the Payback period for the following project: Project Y: Initial Outlay $18,100 Year 1 $5,470 Year 2 $5,410 Year 3 $5,930 Year 4 $6,230 The answer should be calculated to two decimal places

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Find the Payback period for the following project: Project Y: Initial Outlay $18,100

Year 1 $5,470

Year 2 $5,410

Year 3 $5,930

Year 4 $6,230

The answer should be calculated to two decimal places

 
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