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Find the discounted Payback period for the following project. The discount rate is 10% Project X Initial outlay $ 16,653.00 Year 1 $ 5,705.00 Year2

Find the discounted Payback period for the following project. The discount rate is 10%
Project X
Initial outlay $ 16,653.00
Year 1 $ 5,705.00
Year2 $ 5,828.00
Year 3 $ 5,805.00
Year 4 $ 8,932.00
Round the answer two decimal places

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