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Assuminh an appropriate discount rate of 11 percent, what is the discounted payback period on a project with an initial outlay of $100,000 and the

Assuminh an appropriate discount rate of 11 percent, what is the discounted payback period on a project with an initial outlay of $100,000 and the following cash flows?

year 1= $30,000

year 2= $35,000
year 3= $25,000
year 4= $25,000
year 5= $30,000
year 6= $20,000

the project's discounted payback period is ____years.

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