An investment project has annual cash inflows of $3,700, $4,600, $5,800, and $5,000, for the next four
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| An investment project has annual cash inflows of $3,700, $4,600, $5,800, and $5,000, for the next four years, respectively. The discount rate is 13 percent. |
| What is the discounted payback period for these cash flows if the initial cost is $6,400?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Discounted payback period | years |
| What is the discounted payback period for these cash flows if the initial cost is $8,500?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Discounted payback period | years |
| What is the discounted payback period for these cash flows if the initial cost is $11,500?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Discounted payback period | years |
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