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Find the Payback period for the following project: Project X Initial Outlay $8,480 Year 1 $3,260 Year 2 $3,200 Year 3 $3,530 Year 4 $6,870
Find the Payback period for the following project:
| Project X | |
| Initial Outlay | $8,480 |
| Year 1 | $3,260 |
| Year 2 | $3,200 |
| Year 3 | $3,530 |
| Year 4 | $6,870 |
The answer should be calculated to two decimal places.
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Financial Management In Construction Contracting
Authors: Andrew Ross, Peter Williams
1st Edition
1405125063, 9781405125062
