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An investment project costs $ 1 0 , 0 0 0 and has annual cash flows of $ 2 , 9 6 0 for six

An investment project costs $10,000 and has annual cash flows of $2,960 for six years.
a.
What is the discounted payback period if the discount rate is zero percent? (Enter 0 if the project never pays back. Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
b. What is the discounted payback period if the discount rate is 5 percent? (Enter 0 if the project never pays back. Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
c. What is the discounted payback period if the discount rate is 20 percent? (Enter 0 if the project never pays back. Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.) a. Discounted payback period ____ years
b. Discounted payback period _____ years
c. Discounted payback period_____ years

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