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Find the Payback period for the following project: Project Y Initial Outlay $18,000 Year 1 $5,460 Year 2 $5,740 Year 3 $5,230 Year 4 $6,090
Find the Payback period for the following project:
|
| Project Y |
| Initial Outlay | $18,000 |
| Year 1 | $5,460 |
| Year 2 | $5,740 |
| Year 3 | $5,230 |
| Year 4 | $6,090 |
The answer should be calculated to two decimal places.
Answer:
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Financial Planning & Analysis And Performance Management
Authors: Jack Alexander
1st Edition
1119491487, 9781119491484
