What is the discounted payback period if the discount rate


An investment project costs $15,000 and has annual cash flows of $4,300 for six years.

What is the discounted payback period if the discount rate is 0%?

What if the discount rate is 10%?

If it is 17%? Don't use excel for any answer and explain answer thoroughly.

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Financial Management: What is the discounted payback period if the discount rate
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