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A project has the following cash flows. What is the payback period? Year Cash flow 0 -14500 1 2200 2 4800 3 6500 4 7500
A project has the following cash flows. What is the payback period?
Year Cash flow
0 -14500
1 2200
2 4800
3 6500
4 7500
My question is that should I find positive value in any year when I add future value from the initial value (Year 0) to make a positive value ? Could anyone explain this question?
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