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Find the discounted Payback period for the following project. The discountrate is 9% ProjectX Initial Outlay $8,648 Year 1 $3,089 Year 2 $3,395 Year 3
Find the discounted Payback period for the following project. The discountrate is 9%
ProjectX | |
Initial Outlay | $8,648 |
Year 1 | $3,089 |
Year 2 | $3,395 |
Year 3 | $5,624 |
Year 4 | $7,110 |
Round the answer to two decimal places
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