Question: Hey! I need to know how to get the correct answer using only a BA II plus financial calculator! You are considering a project with

Hey! I need to know how to get the correct answer using only a BA II plus financial calculator!

You are considering a project with an initial cost of $8245 and a required return of 11.6%. What is the discounted payback if the expected cash fiows are $3148,$3429,$2731,$3048, and $3930 respectively over the next 5 years? 0. 3.66 years b. 3.66 years c. 3.36 years d. 2.96 years e. 2.98 years

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