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An investment project costs $ 1 3 , 5 0 0 and will generate $ 4 , 6 0 0 in annual cash flows for

An investment project costs $13,500 and will generate $4,600 in annual cash flows for six years. What is the discounted payback period if the discount rate is 7 percent?
a.5.2 years
b.3.7 years
c.4.1 years
d.3.4 years
e.4.8 years
f. None of these answers
g.3.2 years
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