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3) A project requires an initial investment of $200,000 and is expected to generate the following net cash inflows: PRO.JECT A Year 1:60,000 Year 2:60,000
3) A project requires an initial investment of $200,000 and is expected to generate the following net cash inflows: PRO.JECT A Year 1:60,000 Year 2:60,000 Year 3:80,000 Year 4:30,000 Year 5:30,000 Required: Compute the Pay back Period if the minimum desired rate of return is 10%. PVIF .909,.826,.751,.680,.623
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