Question
32) A project with an investment of $12,000 has net cash flows of $6,000, $5,000, 4,000, and $3,000 for each of the next four years.
32) A project with an investment of $12,000 has net cash flows of $6,000, $5,000, 4,000, and $3,000 for each of the next four years. What is the payback period of the project?
A. 2.11 YEARS
B. 1.77 YEARS
C. 2.99 YEARS
D. 1.99 YEARS
E. 2.25 YEARS
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Real Estate And Investment Strategies For Beginners
Authors: Stephen Wright
1st Edition
979-8839446007
