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G H K M Problem 2 What is the payback for the following investment cash flow with and without the time value of money Use

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G H K M Problem 2 What is the payback for the following investment cash flow with and without the time value of money Use R = 12% Year 0 1 2 3 4 5 6 7 8 Cash Flow -3,010,040 100,120 154,980 210,980 248,560 289,000 310,780 370,460 410,895 430,980 483,285 879,000 997,000 2,098,770 2,606,752 7,875,908 9 10 11 12 13 14 15

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