Question
2 What is the discounted payback period for the investment project that has the following cash flows, if the discount rate is 14 percent? (Do
2
What is the discounted payback period for the investment project that has the following cash flows, if the discount rate is 14 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
| Year | Cash Flows |
| 0 | -4770 |
| 1 | 2073 |
| 2 | 2412 |
| 3 | 2819 |
| 4 | 1775 |
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Economics And Personal Finance
Authors: Irvin Tucker, Joan Ryan
1st Edition
1133562108, 978-1133562108
