An investment project provides cash inflows of $800 per year for 12 years.

Required:
(a)	What is the project payback period if the initial cost is 2,400?
	(Click to select) 3.06 years 3.03 years 2.85 years 2.91 years 3 years

(b)	What is the project payback period if the initial cost is 4,400?
	(Click to select) 5.33 years 5.5 years 5.22 years 5.55 years 5.61 years

(c)	What is the project payback period if the initial cost is 10,400?
	(Click to select) Never 5.25 years 1.35 years 4.95 years 3.01 years

An investment project provides cash inflows of $800 per year for 12 years. Required: (a)What is the project payback period if the initial cost is 2,400? (Click to select) (b)What is the project payback period if the initial cost is 4,400? (Click to select) (c) What is the project payback period if the initial cost is 10,400? ((Click to select)