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profitability index for an investment

What is the profitability index for an investment with the following cash flows given a 9 percent required return?

Year Cash Flow
0 -$21,500
1 $ 7,400
2 $ 9,800
3 $ 8,900
(answer format x.xx or .xx)

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What is the profitability index for an investment with the following cash flows given a 9 percent required return?

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This solution is comprised of a detailed explanation to answer what is the profitability index for an investment with the following cash flows given a 9 percent required return.

$2.19