Cullumber Company is considering three long-term capital investment proposals. Each investment hus a useful life of 5 years. Relevant data on eachiproject are as follows. Depreciation is computed by the straight-line method with no salvase value. The company's cost of capital is 15% i. Assume that cash flows occur evenly throushoat the year) Click here to view the factor table (a) Compute the cash payback period for each project. (Round answers to 2 decimal ploces, es 10.50)