please break down your steps. not using excel. we cant use excel.

ontents A Show System Alerts ostion 7 of 16 6.25 Points Rodriquez's Hot Rods is considering a new project with an initial cost of $54,780 and a discount rate of 14 percent. The project is expected to have cash inflows of $27,000 a year for 3 years. What is the discounted payback period? A. 2.17 years OB.2.11 years OC. 2.62 years OD. 2.57 years OE. Never Reset Selection MacBook Pro