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What is the discounted payback period for these cash flows

Question - An investment project has annual cash inflows of $7,900, $8,800, $7,700, and $8,000, and a discount rate of 10 percent.

Required: What is the discounted payback period for these cash flows if the initial cost is $23,518? (Do not round your intermediate calculations.)

4.35 years

3.6 years

3.78 years

3.42 years

3.35 years

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Accounting Basics: What is the discounted payback period for these cash flows

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Accounting Basics: What is the discounted payback period for these cash flows

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