Suppose a company had an initial investment of $$40,000.$ The cash flow for the next five years are $$20,000,$ $$13,000,$ $$17,000,$ $$17,000,$ and $$15,000,$ respectively. The interest rate is $8\%.$ Enter your answers rounded to $2$ DECIMAL PLACES.

What is the discounted payback period?

Number

If the firm accepts projects with discounted payback periods of less than $4$ years, will the project be accepted?

No Yes

What is the NPV of the project?

Number