Question 10 6.5 pts A project has an initial cost of $39,600.00, expected net cash inflows of $10,800.00 per year for 8 years, and a cost of capital of 10.00%. What is the project's payback period? Round your answer to two decimal places. For example, if your answer is $345.667 round as 345.67 and if your answer is .05718 or 5.718% round as 5.72. 3.39 years 3.30 years 3.67 years O 3.42 years 3.17 years