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Find the Discounted Payback period for the following project. The discount rate is 7% Project X Initial Outlay $8,742 Year 1 $3,732 Year 2 $3,009
Find the Discounted Payback period for the following project. The discount rate is 7%
| Project X |
Initial Outlay | $8,742 |
Year 1 | $3,732 |
Year 2 | $3,009 |
Year 3 | $5,605 |
Year 4 | $6,682 |
Round the answer to two decimal places.
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