An investment project provides cash inflows of $2,500 per year for five years. What is the payback

Question:

An investment project provides cash inflows of $2,500 per year for five years. What is the payback period if the project requires $4,000 at the beginning of the project?

Payback Period
Payback period method is a traditional method/ approach of capital budgeting. It is the simple and widely used quantitative method of Investment evaluation. Payback period is typically used to evaluate projects or investments before undergoing them,...

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