An Investment Project Costs 10 000 And Has Annual Cash Flows Of 2 960 For Six Ye

What is the discounted payback period if the discount rate is 5 percent? (Enter 0 if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.)

What is the discounted payback period if the discount rate is 20 percent? (Enter 0 if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.)