Answer: 2.91 years
Explanation:
The discounted payback period calculates how long it takes for the cummulative discounted cash flow to equal the amount invested.
Please check the attached image for the table explaining how the answer was gotten.
Decimal Reading Vernier Scale. 1/40th of an inch is subdivided into 25 by the vernier to read to one- thousandth. One inch is first divided into ten, and then 40 graduations. Each smallest graduation on the main beam repre- sents .025
I think the answer is c.capitalize on interest but i'm not quite sure