RECOMMENDED!!ACC 211-Dr Roberts, Inc. is considering investing a lump

  

Dr Roberts, Inc. is considering investing a lump sum of $40,000 in a project that would provide the following net cash flows:Year 1$6,500Year 212,000Year 315,000Year 412,800 Compute the project’s payback period. Show your work for credit. Hint: Use the “payback period calculation with uneven cash flows” since this problem has uneven net cash flows.

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