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eBook Compute the traditional payback period (PB) for a project that costs $42,000 if it is expected to generate $14,000 per year for six years?

eBook Compute the traditional payback period (PB) for a project that costs $42,000 if it is expected to generate $14,000 per year for six years? Round your answer to the nearest whole number. years If the firm's required rate of return is 9 percent, what is the project's discounted payback period (DPB)? Do not round intermediate calculations. Round your answer to two decimal places. years Should the project be purchased? The project -Select- be purchased

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