need question 3 answered

2. Calculating Payback (LO2) An investment project provides cash inflows of $585 per year for eight years. What is the project payback period if the initial cost is $1,700? What if the initial cost is $3,300? What if it is $4,900? 3. Calculating Payback (LO2) McKernan Inc. imposes a payback cutoff of three years for its international investment projects. If the company has the following two projects available, should they accept either of them? -$60,000 Year Cash Flow (A) Cash Flow (B) $ 70,000 23,000 15,000 28.000 18,000 21,000 26,000 8.000 230,000 Click here for a description of Table: Questions and Problems 3. on 0 4. Calculating Discounted Payback (L03) An investment project has annual cash intlows of $4,200. $5.300. $6.100, and $7.400. and a discount rate of 14 percent. What is the discounted payback period for these cash flows if the initial cost is $7,000? What if the initial cost is $ 10 000? What if it is $13.000? 5. Calculating Discounted Payback (L03) An investment project costs $10.000 and has annual cash flows of 62.900 for six years. What is the discounted payback period if the