Question 12 answer 3

An investment project costs $10,000 and has annual cash flows of $2,840 for six years. What is the discounted payback period if the discount rate is zero percent? (Do not round intermediate calculations. Enter O if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.) Discounted payback period 3.5 years What is the discounted payback period if the discount rate is 5 percent? (Do not round intermediate calculations. Enter O if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.) Discounted payback period 3.97 years What is the discounted payback period if the discount rate is 20 percent? (Do not round intermediate calculations. Enter O if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.) Discounted payback period 5.7 x years