A project that costs $1,900 to install will provide annual cash flows of $520 for the next 5 years. The firm accepts projects with payback periods of less than 3 years.

a-1. What is this project's payback period? (Round your answer to 3 decimal places.) Payback period years

b1.

What is project NPV if the discount rate is 2%? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

3.	What is project NPV if the discount rate is 12%? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.)

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