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Assume a $82,000 investment and the following cash flows for two alternatives. Year Investment A Investment B 1 $ 25,000 $ 38,000 2 20,000 25,000
| Assume a $82,000 investment and the following cash flows for two alternatives. |
| Year | Investment A | Investment B | ||||
| 1 | $ | 25,000 | $ | 38,000 | ||
| 2 | 20,000 | 25,000 | ||||
| 3 | 20,000 | 19,000 | ||||
| 4 | 22,000 | %u2014 | ||||
| 5 | 25,000 | %u2014 | ||||
| (a) | Calculate the payback for investment A and B. (Round your answers to 2 decimal places.) |
| Payback Investment A | years | |
| Payback Investment B | years | |
| | ||
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Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
