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Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $13,000, $17,000, $15,000, $14,000, and $17,000, respectively.

Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $13,000, $17,000, $15,000, $14,000, and $17,000, respectively. The interest rate is 11%.

What is the discounted payback period? (Enter only whole numbers)

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Question

Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $13,000, $17,000, $15,000, $14,000, and $17,000, respectively.

Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $13,000, $17,000, $15,000, $14,000, and $17,000, respectively. The interest rate is 11%. What is the discounted payback period? (Enter only whole numbers)

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Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $13,000, $17,000, $15,000, $14,000, and $17,000, respectively. The interest rate is 11%.

What is the discounted payback period? (Enter only whole numbers)