An investment project has annual cash inflows of $4,000, $4,900, $6,100, and $5,300, and a discount rate of 13 percent.

What is the discounted payback period for these cash flows if the initial cost is $6,700? (Do not round intermediate calculations and round your final 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 $8,800? (Do not round intermediate calculations and round your final 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 $11,800? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Discounted payback period

years