A project has estimated annual net cash flows of $118,600. It is estimated to cost $616,720. Determine the cash payback period. Round to one decimal place. A project has estimated annual net cash...

A project has estimated annual net cash flows of $118,600. It is estimated to cost $616,720. Determine the cash payback period. Round to one decimal place.

A project has estimated annual net cash flows of $9,300. It is estimated to cost $41,850. Determine the cash payback period. Round to one decimal place.