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Kimberly is hoping that an investment of $ 3 0 , 3 0 0 will provide additional revenue to the store of $ 1 7

Kimberly is hoping that an investment of $30,300 will provide additional revenue to the store of $17,900 per year for 3 years. Her partner in crime, Matthew, is confident that a larger investment of $40,100 will be required to bring in a steady flow of $23,000 in new revenue per year for 3 years.
Determine the discounted payback period for each investment (using before-tax cash flows). The company's required rate of return is 8%.(Round present value factor calculations to 5 decimal places, e.g.1.25124 and final answers to 2 decimal places e.g.15.25.)
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