An investment project has annual cash inflows of $3,400, $4,300, $5,500, and $4,700, and a discount rate of 13 percent.

1.)

What is the discounted payback period for these cash flows if the initial cost is $6,100? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

2.) What is the discounted payback period for these cash flows if the initial cost is $8,200?

3.) What is the discounted payback period for these cash flows if the initial cost is $11,200?