If the discount rate is 3 percent the discounted payback


An investment project costs $13,800 and has annual cash flows of $3,100 for 6 years. If the discount rate is zero percent, the discounted payback period is years. If the discount rate is 3 percent, the discounted payback period is years. If the discount rate is 18 percent, the discounted payback period is years.

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Financial Management: If the discount rate is 3 percent the discounted payback
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