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Check my workCheck My Work button is now enabled Item 2 Item 2 12.5 points An investment project has annual cash inflows of $3,300, $4,200,

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Item 2

Item 2 12.5 points

An investment project has annual cash inflows of $3,300, $4,200, $5,400, and $4,600, and a discount rate of 15 percent.

a.

What is the discounted payback period for these cash flows if the initial cost is $6,000? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

b. What is the discounted payback period for these cash flows if the initial cost is $8,100? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
c. What is the discounted payback period for these cash flows if the initial cost is $11,100? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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