An investment project costs $13,300 and has annual cash flows of $3,200 for six years.

Required :
(a)	What is the discounted payback period if the discount rate is zero percent?
	(Click to select) 4.16 4.07 4.51 4.24 3.81

(b)	What is the discounted payback period if the discount rate is 4 percent?
	(Click to select) 4.64 4.99 4.73 4.29 4.55

(c)	What is the discounted payback period if the discount rate is 19 percent?