An investment project provides cash inflows of $1,150 per year for eight years. (Enter O if the project never pays back. Do not round intermediate calculations and round yo decimal places, e.g., 32.16.) What is the project payback period if the initial cost is $3,850? Payback period years What is the project payback period if the initial cost is $4.900? Payback period years What is the project payback period if the initial cost is $10.2007 Payback period years References eBook & Resources Worksheet Difficulty: 1 Basic Section 8.2 The Payback Rule Problem 8-2 Calculating Payback [LO 11 Learning Objective: 08-01 Summarize the payback rule and some of its shortcomings