What is the discounted payback period if the discount rate

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An investment project costs $18,000 and has annual cash flows of $3,900 for six years.

Required:

1.What is the discounted payback period if the discount rate is zero percent?
2.What is the discounted payback period if the discount rate is 6 percent?
3.What is the discounted payback period if the discount rate is 21 percent? 

Reference no: EM13972604

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