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An investment project provides cash inflows of $600 per year for eight years. a. What is the project payback period if the initial cost is
An investment project provides cash inflows of $600 per year for eight years.
a. | What is the project payback period if the initial cost is $1,625? (Enter 0 if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.) |
b. | What is the project payback period if the initial cost is $3,225? (Enter 0 if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.) |
c. | What is the project payback period if the initial cost is $5,100? (Enter 0 if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.) |
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