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Given a future value, which of the following interest rates would result in the highest present value. 04% O 6% O 2% O 8% The

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Given a future value, which of the following interest rates would result in the highest present value. 04% O 6% O 2% O 8% The Bell Company has decided to invest in a project that is expected to produce the following cash flows: $6,000 in year 1, $6,000 in year 2 and $4,000 in year 3. The project would require a $14,000 investment. What is the cash payback period of the project? Round your final answer to two decimal places

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