An investment project provides cash inflows of $1,125 per year for eight years.

Requirement 1: What is the project payback period if the initial cost is $3,800?

Payback period years Requirement 2: What is the project payback period if the initial cost is $4,850?

Payback period years Requirement 3: What is the project payback period if the initial cost is $10,000? Payback period years