AutoSove89- 5.50 Home Fe F7 Insert Page Layout formudas Data - A B C D E 1 Question 1: Determine the cash payback period for the following project: Year Questions Sheet! week extra practica quations Review View Automate Help 2-Initial Investment-$250,000 3 Annual net cashflows of $20,000 in year one, after which the annual cash flows will grow by 4 40% each year for the next 3 years then level off until the end of the project in year 10. 5 6 7 8 9 10 11 12 13 14 15 16 17 18 OD

Search 0- 1 2 3 4 5 6 7 8 9 10 Cash Flow Cumulative Cash Flow 250,000 250,000 20,000 230,000 28,000 202,000