An investment project provides cash inflows of $660 per year for eight years. What is the project payback period if the initial cost is $1525? What if the

initial cost is $3350? What if it is $5500?

What is the project payback period if the initial cost is $1525? (Enter 0 if the project never pays back. Round your answer to 2

decimal places. (e.g. 32.16))

What is the project payback period if the initial cost is $3350? (Enter 0 if the project never pays back. Round your answer to 2

decimal places. (e.g. 32.16))

What is the project payback period if the initial cost is $5500? (Enter 0 if the project never pays back. Round your answer to 2

decimal places. (e.g. 32.16))