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Calculate the conventional payback period for the following cash flows. Investment = $250,000 Salvage Value = 0 Service Life = 6 years n Cash flow
Calculate the conventional payback period for the following cash flows.
Investment = $250,000
Salvage Value = 0
Service Life = 6 years
| n | Cash flow |
| 0 | -250,000 |
| 1 | 75,000 |
| 2 | 55,000 |
| 3 | 65,000 |
| 4 | 25,000 |
| 5 | 35,000 |
| 6 | 20,000 |
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Introductory Statistics
Authors: Prem S. Mann
8th Edition
9781118473986, 470904100, 1118473981, 978-0470904107
