Chapter 8 - End of Chapter Questions and Problems - Question 2 (If the initial cost is $ 3.100) 2.79 years 3 years O 3.58 years 5.26 years O Never Question 2 1 pts Chapter 8 - End of Chapter Questions and Problems - Question 2 (If the initial cost is $ 7,900) 2.79 years 3 years 3.66 years 5.26 years Never LO1 2. Calculating Payback An investment project provides cash inflows of $865 per year for eight years. What is the project payback period if the initial cost is $3,1002 What if the initial cost is $4,300? What if it is $7.900