Fernando Designs is considering a project that has the following cash flow and WACC data. What is the project's discounted payback?

WACC:	10.00%
Year	0	1	2	3
Cash flows	-$725	$500	$500	$500

Selected Answer:	c. 1.65 years
Answers:	a. 1.39 years
	b. 1.42 years
	c. 1.65 years
	d. 1.46 years
	e. 1.74 years

For this problem, could someone help explain the step by steps of how this can be solved by a Texas Instruments BAII+ calculator? thank you