An investment project provides cash inflows of $630 per year for eight years.

a. What is the project payback period if the initial cost is $1,775? (Enter 0 if the project never pays back. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

b. What is the project payback period if the initial cost is $3,450? (Enter 0 if the project never pays back. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

c. What is the project payback period if the initial cost is $5,200? (Enter 0 if the project never pays back. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

a. Payback period: _________ years

b. Payback period: _________ years

c. Payback period: _________ years