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Suppose a company had an initial investment of $45,000. The cash flow tor the next five years are $15,000,$16,000,$13,000,$18,000, and $19,000, respectively. The interest rate

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Suppose a company had an initial investment of $45,000. The cash flow tor the next five years are $15,000,$16,000,$13,000,$18,000, and $19,000, respectively. The interest rate is 5%. Enter your answer rounded to 2 DECIMAL PLACES. What is the discounted payback period? If the firm requires a discounted payback periods 3 years or less, will the project be accepted

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