An investment project provides cash inflows of $1,225 per year for eight years. (Enter 0 if the project never pays back. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) What is the project payback period if the initial cost is $4,000?

Payback period years

What is the project payback period if the initial cost is $5,050?

Payback period years

What is the project payback period if the initial cost is $10,800?

Payback period years