Micro Industries is investing $6500 in a new coffee vending machine, and expects the following cash flows over the next 4 years - Year 1 = $800, Year 2; $1400 Year 3: $2100; Year 4 $2400, Year 5 $2400 Determine the exact Payback Period for this project -

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Micro Industries is investing $6500  in a new coffee vending machine, and expects the following cash flows over the next 4 years - Year 1 = $800, Year 2; $1400 Year 3: $2100;  Year 4 $2400, Year 5 $2400  Determine the exact Payback Period for this project -

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