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Hello, I need help answering this question below. 4 value: 0.50 points Problem 7-2 Calculating Payback An investment project provides cash inflows of $645 per
Hello,
I need help answering this question below.
4 value: 0.50 points Problem 7-2 Calculating Payback An investment project provides cash inflows of $645 per year for eight years What is the project payback period if the initial cost is $1,550? (Do not round intermediate calculations. Enter 0 if the project never pays back. Round your answer to 2 decimal places (e.g., 32.16).) Payback period years What is the project payback period if the initial cost is $3,300? (Do not round intermediate calculations Enter 0 if the project never pays back. Round your answer to 2 decimal places (e.g., 32.16).) Payback period years What is the project payback period if the initial cost is $5,400? (Do not round intermediate calculations Enter 0 if the project never pays back. Round your answer to 2 decimal places (e.g., 32.16).) Payback period years
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