Question
Consider the following cash flows: Year Cash Flow 0 $ 6,600 1 1,900 2 3,900 3 1,700 4 1,400 What is the payback period for
Consider the following cash flows:
| Year | Cash Flow | |
| 0 | $ | 6,600 |
| 1 | 1,900 | |
| 2 | 3,900 | |
| 3 | 1,700 | |
| 4 | 1,400 | |
What is the payback period for the cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Payback period years
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Military Finances Personal Money Management For Service Members Veterans And Their Families
Authors: Cheryl Lawhorne-Scott, Don Philpott
1st Edition
144222214X, 978-1442222144
