x Problem 5-7 (book/static) Question Help Consider the investment projects in the table below, all of which have a four-year investment life. Assume that the cash flows occur continuously throughout the year. n 0 - $2,500 0 0 0 6,200 Project's Cash Flow ($) B C - $3,500 - $2,800 1,600 - 1,800 2,800 -900 3,500 4,500 2.200 4,500 D - $2,300 - 1,000 1,900 2,300 1.500 (a) What is the payback period of each project? (Round to one decimal place.) Project B Payback Period 3.4 years 1.7 years 3.2 years 2.6 years D (b) What is the discounted payback period at an interest rate of 15% for each project? (Round to one decimal place.) Payback Period Project A B 3.7 years 2.0 years 3.8 years etion is comnleteTan on the rod indicatore to incorrect anore