An investment project provides cash inflows of $$620$ per year for $12$ years.

Q$.$ What is the project payback period if the initial cost is $$2,480?$

Payback period

b$.$ What is the project payback period if the initial cost is $$4,526?$

Payback period

c$.$ What is the project payback period if the initial cost is $$8,060?$

Payback period