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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
.
)

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