A project has the following cash flows. What is the payback period?

Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box.

PBPTime Amount Cumulative(- - (- 226.00) 226.00) 1.00 37.00 263.00) 2.00 54.00 317.00) 3.00 50.00 367.00) 4.00 253.00 -620.00 (((- PBP= 3 + 367/620PBP= 3 + .59 YearsPBP= 3.59 Years Approx.