Question
An investment project provides cash inflows of$615 per year for eight years. What is the project payback period if the initial cost is $1,750?(Enter O
An investment project provides cash inflows of$615 per year for eight years.
What is the project payback period if the initial cost is $1,750?(Enter O if the project never pays back.
Round your answer to 2 decimal places,e.g.,32.16.)
A.8.29
B.5.53
C.2.85
E.3.37
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
13th edition
978-0133428537
