Calculating Discounted Payback An investment project costs $15,000 and has annual cash flows of $3,800 for six

Question:

Calculating Discounted Payback An investment project costs $15,000 and has annual cash flows of $3,800 for six years. What is the discounted payback period if the discount rate is 0 percent? What if the discount rate is 10 percent? If it is 15 percent?

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