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Assume a $92,000 investment and the following cash flows for two alternatives. Year Investment A Investment B 1 $ 35,000 $ 30,000 2 20,000 40,000
Assume a $92,000 investment and the following cash flows for two alternatives.
| Year | Investment A | Investment B | ||||
| 1 | $ | 35,000 | $ | 30,000 | ||
| 2 | 20,000 | 40,000 | ||||
| 3 | 15,000 | 50,000 | ||||
| 4 | 25,000 | |||||
| 5 | 30,000 | |||||
a. Calculate the payback for investment A and B. (Round your answers to 2 decimal places.)
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Have More Money Now A Commonsense Approach To Financial Management
Authors: John Layfield
1st Edition
0743466330,1416595775
