p 10-3

An investment project costs $15,800 and has annual cash flows of $4,400 for six years. a. What is the discounted payback period if the discount rate is zero percent? Discounted payback period b. What is the discounted payback period if the discount rate is 6 percent? Discounted payback period c. What is the discounted payback period if the discount rate is 20 percent? Discounted payback period