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Hi can you please show how to solve this with steps and how to get the discounted cash flows NOT ON EXCEL. Thank you again.

image text in transcribedHi can you please show how to solve this with steps and how to get the discounted cash flows NOT ON EXCEL. Thank you again.

An investment project has annual cash inflows of $2,800, $3,700, $5,100, and $4,300, for the next four years, respectively. The discount rate is 9 percent. a. What is the discounted payback period for these cash flows if the initial cost is $5,200? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the discounted payback period for these cash flows if the initial cost is $6,400? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the discounted payback period for these cash flows if the initial cost is $10,400? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Discounted payback period b. Discounted payback period c. Discounted payback period 1.84 years 2.73 years 0.00 years

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