hows your responses and what was marked correct and Incorrect from your previous attempt Award: 14.2B out of 20.00 ponh A project that costs $2,200 to install will provide annual cash flows of $570 for the next 5 years. The f accepts projects with payback periods of less than 4 years. a-1. What is this project's payback period? (Round your answer to 3 decimal places.) Payback period 3.8 yeas a-2. Will the project be accepted? O Yes ONo b-1. what is project NPV if the discount rate is 3%? (Do not round intermediate calculation. your answer to 2 decimai places.) NPV Should this project be pursued? OYes 2810.43 b-2. ONo b-3. what is project NPV if the discount rate is 10%? (Negative amount should be Indicated by a elgn. Do not round intermedlate caiculatione. Round your anawer to 2 decimal place8.) NPV .$1 160.75 b-4. Snouid this project be pursued? OYes b-5. Will the firms decision change as the discount rate thanges? References