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An investment project has annual cash inflows of $ 5 , 2 0 0 , $ 6 , 3 0 0 , $ 7 ,

An investment project has annual cash inflows of $5,200, $6,300, $7,100 for the next four years, respectively, and $8,400, and a discount rate of 19 percent.
What is the discounted payback period for these cash flows if the initial cost is $8,000?
2.57 years
0.82 years
1.82 years
3.64 years
1.32 years

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