Current Attempt in Progress Your answer is partially correct. Maria is hoping that an investment of $30,200 will provide additional revenue to the store of $17,900 per year for 3 years. Her partner in crime, Richard, is confident that a larger investment of $39,700 will be required to bring in a steady flow of $23,000 in new revenue per year for 3 years. Determine the discounted payback period for each investment (using before-tax cash flows). The company's required rate of return is 9\%. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answers to 2 decimal places e.g. 15.25.) Click here to view the factor table Whose investment appears to better use the company's resources? eTextbook and Media
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