Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 11, 2024

A project has an initial cost of $75,000, expected net cash inflows of $13,000 per year for 8 years, and a cost of capital of

A project has an initial cost of $75,000, expected net cash inflows of $13,000 per year for 8 years, and a cost of capital of 11%. What is the project's payback period? Round your answer to two decimal places.

Thank you

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Meaningful Money Handbook

Authors: Pete Matthew

1st Edition

0857196510, 978-0857196514

More Books

Students also viewed these Finance questions

Question

★★★★★

Find IS in the network shown if V0=2 -j2 j1

Answered: 1 week ago

Question

★★★★★

Compute the deflection at midspan and the slope at $A$ in Figure P8.19. EI is constant. Express the slope in degrees and the deflection in inches. Assume a pin support at $A$ and a roller at \(D...

Answered: 1 week ago

Question

★★★★★

Expand your job-search strategies by using both traditional and digital tools in pursuing the hidden job market.

Answered: 1 week ago

Question

★★★★★

The National Center for Education Statistics reported that 47% of college students work to pay for tuition and living expenses. Assume that a sample of 450 college students was used in the study. a....

Answered: 1 week ago

Question

★★★★★

A project has an initial cost of $75,000, expected net cash inflows of $13,000 per year for 8 years, and a cost of capital of 11%. What is the project's payback period? Round your answer to two...

Answered: 1 week ago

Question

★★★★★

Pear Tree Limited is neither a dealer nor a manufacturer. Pear Tree Limited entered into an agreement in which Pear Tree leased a machine to Giant Limited (cost Rs 210,000). The lease is a finance...

Answered: 1 week ago

Question

★★★★★

1. What is the Government's role in the Public-Interest Game. 2. What is a Kaizen System and what is the purpose of this system for the organization? 3. What is the cycle- market and what are the...

Answered: 1 week ago

Question

★★★★★

A 0 Q3 A steel plate with a square hole in the middle of the plate is subjected to a uniform distributed tensile stress of 1PQR N/m as shown in Figure Q3.1 The modulus elasticity of the plate is 210...

Answered: 1 week ago

Question

★★★★★

The sample data for 2 5 Ohio administrators is contained in the file named Administrator. What is the p value for your hypothesis test in part ( a ) ? If required, round your answer to four decimal...

Answered: 1 week ago

Question

★★★★★

Eli's employer covers 60% of the cost of a $4900-per-year health insurance plan, and Eli's share of the cost of the plan is his only optional deduction. How much is deducted from Eli's paycheck each...

Answered: 1 week ago

Question

★★★★★

Identify the appropriate method of data mining for identifying patterns when using if/then statements. rule induction decision tree K-nearest neighbor fuzzy logic

Answered: 1 week ago

Question

★★★★★

1. In what ways has flexible working revolutionised employment?

Answered: 1 week ago

Question

★★★★★

4. To what extent do you agree with some critics who have claimed that Richard Bransons statements on time off work for his employees is a publicity stunt?

Answered: 1 week ago

Question

★★★★★

2. What are the benefits and dis-benefits of flexible working to employers and employees?

Answered: 1 week ago

Previous Question Next Question