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Cash Flows Year Project A 0 -$25.00 1 $5.00 2 $5.00 3 $6.00 4 $20.00 5 $20.00 6 $10.00 Given the information in the table,
Cash Flows | |
Year | Project A |
0 | -$25.00 |
1 | $5.00 |
2 | $5.00 |
3 | $6.00 |
4 | $20.00 |
5 | $20.00 |
6 | $10.00 |
Given the information in the table, what is project A's payback period?
3.14 years |
3.45 years |
3.00 years |
3.80 years |
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