Question
Consider the following cash flows: Year Cash flow 0 ?$5,900 1 2,000 2 2,700 3 1,500 4 900 Required: What is the payback period for
Consider the following cash flows:
| Year | Cash flow | |||
| 0 | ?$5,900 | |||
| 1 | 2,000 | |||
| 2 | 2,700 | |||
| 3 | 1,500 | |||
| 4 | 900 | |||
| Required: | ||
What is the payback period for the above set of cash flows? ( Do not round intermediate calculations. Round your answer to 2 decimal places (eg, 32.16).)
|
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
