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An investment project has annual cash inflows of $ 4 , 7 0 0 , $ 3 , 6 0 0 , $ 4 ,

An investment project has annual cash inflows of $4,700, $3,600, $4,800, and $4,000, for the next four years, respectively. The discount rate is 14 percent.
a.
What is the discounted payback period for these cash flows if the initial cost is $5,400?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
b. What is the discounted payback period for these cash flows if the initial cost is $7,500?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
c. What is the discounted payback period for these cash flows if the initial cost is $10,500?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)

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