Question: *Please show your work using a financial calculator and show all calculator inputs used* year for 3 17. Michael is considering a project that will

*Please show your work using a financial calculator and show all calculator*Please show your work using a financial calculator and show all calculator inputs used*

year for 3 17. Michael is considering a project that will produce cash inflows of $5,900 each years. The required rate of return is 15.4 percent and the initial cost is $25,000. What is the discounted payback period? (5 points)

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