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Find the Payback period for the following project: Project X Initial Outlay $8,130 Year 1 $3,040 Year 2 $3,550 Year 3 $4,000 Year 4 $6,630
Find the Payback period for the following project:
|
| Project X |
| Initial Outlay | $8,130 |
| Year 1 | $3,040 |
| Year 2 | $3,550 |
| Year 3 | $4,000 |
| Year 4 | $6,630 |
The answer should be calculated to two decimal places.
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Glencoe Business And Personal Finance
Authors: McGraw-Hill
1st Edition
0021400202, 9780021400201
