An investment project provides cash inflows of $1,275 per year for eight years. (Enter 0 if the project never pays back. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
What is the project payback period if the initial cost is $4,100?
Payback period years
What is the project payback period if the initial cost is $5,150?
Payback period years
What is the project payback period if the initial cost is $11,200?
Payback period years