An investment project provides cash inflows of $770 per year for 10 years.

Required:
(a)	What is the project payback period if the initial cost is 3,080?
	(Click to select)3.8 years4.04 years4.08 years4 years3.88 years

(b)	What is the project payback period if the initial cost is 5,236?
	(Click to select)6.94 years6.87 years6.8 years6.46 years6.6 years

(c)	What is the project payback period if the initial cost is 8,470?
	(Click to select)5.25 years4.95 years3.01 years1.35 yearsNever