Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer asap with calculations and formulas used. thank you An investment project has annual cash inflows of: Year Cash Flow 0 -135,000 1 33,000

image text in transcribed

please answer asap with calculations and formulas used. thank you

An investment project has annual cash inflows of: Year Cash Flow 0 -135,000 1 33,000 2 32,000 3 31,000 4 30,000 5 15,000 6 7,000 7 3,000 The Discount Rate is 3%. What is the discounted payback period for these cash flows if the initial cost is $135,000? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting For Beginners

Authors: Kokab Rahman

1st Edition

149479294X, 978-1494792947

More Books

Students also viewed these Accounting questions

Question

What external factors lead to exporting?

Answered: 1 week ago

Question

What is t he nervous syst em? (p. 1 9)

Answered: 1 week ago