An investment project provides cash inflows of $2,500 per year for five years. What is the conventional payback period if the project requires $4,000 at the beginning of the project

Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):