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An investment project has annual cash inflows of $5,700, $6,800, $7,600, and $8,900, and a discount rate of 13 percent. Required: What is the discounted

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An investment project has annual cash inflows of $5,700, $6,800, $7,600, and $8,900, and a discount rate of 13 percent. Required: What is the discounted payback period for these cash flows if the initial cost is $9,000? (Do not round your intermediate calculations.) Multiple Choice 1.74 years 2.49 years 0.74 years 3.48 years 1.24 years

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