Given the following attributes of an investment project with a veyear life: investment outlay, year 0, $8,920; aftertax cash inflows, year 1, $940; year 2, $1,080; year 3, $3,300; year 4, $3,600; and year 5, $5,000. {a} Use the builtin NPV function of Excel to estimate the NPV of this project. Assume an aftertax discount rate of 12.0% {bl Estimate the payback period, in years, for this project under the assumption that cash inows occur evenly throughout the year. [Round "Payback period\" to the nearest whole number. Regative amounts should be entered with a minus sign. Round your answers to the nearest whole dollar amount.) 9 Answer is not complete. W $ (8,920) 9 EUJbWNdO W Ch D ID 9 5 254 @