Question
An investment project provides cash inflows of $630 per year for eight years. What is the project payback period if the initial cost is $1,575?
An investment project provides cash inflows of $630 per year for eight years. What is the project payback period if the initial cost is $1,575? (Enter 0 if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.) Payback period years What is the project payback period if the initial cost is $3,175? (Enter 0 if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.) Payback period years What is the project payback period if the initial cost is $5,300? (Enter 0 if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.) Payback period years
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