Question
Please show all work. Do not use excel since I'm not supposed to learn them that way. What is the payback period for a $42,000
Please show all work. Do not use excel since I'm not supposed to learn them that way.
What is the payback period for a $42,000 project that is expected to return $13,000 for the first three years and $10,000 for years four through seven?
- a. 3.3 years
- b. 4 years
- c. 3.5 years
- d. 3.75 years
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Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
