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An investment project has annual cash inflows of $8,800, $7,900, $8,200, and $8,600, and a discount...

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Finance

An investment project has annual cash inflows of $8,800, $7,900,$8,200, and $8,600, and a discount rate of 13 percent. If theinitial cost is $24,400, the discounted payback period for thesecash flows is_____ years. (Round your answer to 2 decimal places.(e.g., 32.16))

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ANSWER 39 YRSYEARCASHINFLOWAPVF 13BPV OF CASHINFLOWA    See Answer
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An investment project has annual cash inflows of $8,800, $7,900,$8,200, and $8,600, and a discount rate of 13 percent. If theinitial cost is $24,400, the discounted payback period for thesecash flows is_____ years. (Round your answer to 2 decimal places.(e.g., 32.16))

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