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If we pay for a $250,000 project (includes financing costs) by taking out a loan for a 5 -year period and assume that our regular
If we pay for a $250,000 project (includes financing costs) by taking out a loan for a 5 -year period and assume that our regular investment of that money would have returned 10% per year, how much do we need to pay back to break even? Year01234510%1.0001.1001.2101.3321.4641.61015%1.0001.1501.3201.5201.7482.01220%1.0001.2001.4401.7272.0752.48825%1.0001.2501.5601.96532.4393.04930%1.0001.3001.6892.1982.8573.717
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