Question
A project has an initial cost of $7,000. The cash inflows are $1,000, $2,600, $3,600, and $4,000 over the next four years, respectively. What is
A project has an initial cost of $7,000. The cash inflows are $1,000, $2,600, $3,600, and $4,000 over the next four years, respectively. What is the payback period?
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Financial Management for Public, Health and Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
5th edition
1506326846, 9781506326863, 1506326862, 978-1506326849
