An investment project has annual cash inflows of $4,200, $5,100, $6,300, and $5,500, for the next four years, respectively. The discount rate is 15 percent.

What is the discounted payback period for these cash flows if the initial cost is $6,900?(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 $9,000?(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 $12,000?(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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