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A project has the following cash flows. What is the payback period? Year 0: -$31,000; Year 1: $15,600; Year 2: $11,100; Year 3: $8,700; Year
A project has the following cash flows. What is the payback period? Year 0: -$31,000; Year 1: $15,600; Year 2: $11,100; Year 3: $8,700; Year 4: $7,100. 2.38 years 2.60 years 3.33 years 2.49 years 3.01 years
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