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post with excel formulas Payback period Use Excel formulas 1 2 3 4 5 6 7 8 9 10 11 Assumptions for inputs Initial investment

post with excel formulas

Payback period Use Excel formulas 1 2 3 4 5 6 7 8 9 10 11 Assumptions for inputs Initial investment (4 vehicles) $200,000 Useful life (in years) 5 Salvage value $ 12,000 Annual net income generated $ 20,000 Cost of Capital 9% How would you explain/interpret (in plain English) the calculated payback period? 12 13 14 15

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