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Find the Discounted Payback period for the following project. The discount rate is 9%. Project X Initial Outlay $17,254 Year 1 $5,559 Year 2 $5,994
Find the Discounted Payback period for the following project. The discount rate is 9%.
Project X | |
Initial Outlay | $17,254 |
Year 1 | $5,559 |
Year 2 | $5,994 |
Year 3 | $5,982 |
Year 4 | $8,300 |
Round the answer two decimal places.
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