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1 An investment project costs $16,000 and has annual cash flows of $3,600 for six years. a. What is the discounted payback period if the

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An investment project costs $16,000 and has annual cash flows of $3,600 for six years. a. What is the discounted payback period if the discount rate is zero percent? b. What is the discounted payback period if the discount rate is 6 percent? b. What is the discounted payback period if the discount rate is 6 percent? c. What is the discounted payback period if the discount rate is 21 percent

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