Solve this problem using Excel.

An investment project provides cash inflows of $585 per year for eight years. a. What is the project payback period if the initial cost is $1,650 ? b. What is the project payback period if the initial cost is $3,250 ? c. What is the project payback period if the initial cost is $4,700 ? Note: For all requirements, enter 0 if the project never pays back. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16