Question 8 (5 points) Saved Your required rate of return is 10 percent. If you invest $3,000 today you will receive the following cash flows from year 1 to 4: 2000, 500, 1000, 2000. Calculate the Discounted Payback Period of the project. 3.3 years 3.1 years 3.9 years 3.5 years 3.7 years