A 10-year Project requires an initial investment of $ 600,000 of which $ 50,000 will be recovered at the end of the project. Annual flows would be $ 100,000 for years 1 to 4 and $ 80,000 annually for the remaining 6 years. How long will it take to recover the investment if the project is NOT expected to be canceled by recovering the investment?

5.88 years

6.00 years

6.50 years

OR 7.50 years

O Other: Questions