hi, im having some problems figuring out B i was able to figure out the fraction portion for A but i dont understand how to get the fraction portion for B. could you please break it down for me to understand? thanks!

Question Help (Payback period, net present value, profitability Index, and internal rate of return calculations) You are considering a project with an initial cash outlay of $87,000 and expected cash flows of $25,230 at the end of each year for six years The discount rate for this project is 9.6 percent a. What are the project's payback and discounted payback periods? b. What is the project's NPV? c. What is the project's PI? d. What is the project's IRR? a. The payback period of the project in 3.45 years, (Round to two decimal places.) If the discount rate for this project in 9.6%, the discounted payback period of the project is years (Round to two decimal places.)