Question 3.1 (10pts) Consider a project with the following cash flows: End of Year (n) Cash Flows ($) 0 -30,000 1 10,000 2 8,000 3 10,000 4 12,000 5 7,000 6 11,000 At an interest rate of 10%, what is the discounted payback period? Please clearly show your solution. A) Between n = 4 and n = 5 B) Between n = 5 and n = 6 C) Between n = 3 and n = 4 D) Answers A, B and C are not correct