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'The initial investment is $ 8 7 , 9 0 1 . 3 4 for a four - year project. The cost of capital is

'The initial investment is $87,901.34 for a four-year project. The cost of capital is 8%. Expected cash flows over the next four years are given below:
\table[[Years,Cash Flow ($)],[1,15,000],[2,70,000],[3,11,000],[4,32,000]]
What is the DPB of the project?
3.4 years
3.5 years
3.2 years
3.3 years
3.0 years
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