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Find the Discounted Payback period for the following project. The discount rate is 7% Project X Initial Outlay $16,919 Year 1 $5,012 Year 2 $5,998
Find the Discounted Payback period for the following project. The discount rate is 7%
| Project X |
Initial Outlay | $16,919 |
Year 1 | $5,012 |
Year 2 | $5,998 |
Year 3 | $5,827 |
Year 4 | $8,258 |
Round the answer to two decimal places.
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