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Find the Discounted Payback period for the following project. The discount rate is 6% Project X Initial Outlay $8,148 Year 1 $3,065 Year 2 $3,825
Find the Discounted Payback period for the following project. The discount rate is 6%
| Project X |
Initial Outlay | $8,148 |
Year 1 | $3,065 |
Year 2 | $3,825 |
Year 3 | $5,138 |
Year 4 | $6,849 |
Round the answer to two decimal places.
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