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(Ignore income taxes in this problem.) The Zinger Corporation is considering an investment that has the following data: Year 1 Year 2 Year 3 Year
| (Ignore income taxes in this problem.) The Zinger Corporation is considering an investment that has the following data: |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | |
| Investment | $12,000 | $3,800 | |||
| Cash inflow | $2,800 | $2,800 | $8,700 | $4,800 | $4,800 |
| Cash inflows occur evenly throughout the year. The payback period for this investment is: (Round your answer to 1 decimal place) |
4 years
4.3 years
3.3 years
3 years
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Dyslexia A Practitioners Handbook
Authors: Gavin Reid
5th Edition
1118980107, 9781118980101
