Investment project costs-annual cash flows

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An investment project costs $10,000 and has annual cash flows of $2,970 for six years.

What is the discounted payback period if the discount rate is zero percent?

What is the discounted payback period if the discount rate is 6 percent?

What is the discounted payback period if the discount rate is 20 percent?

Reference no: EM13728206

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