Question
Suppose a company had an initial investment of $50,000. The cash flow for the next five years are $14,000, $18,000, $18,000, $14,000, and $20,000, respectively.
Suppose a company had an initial investment of $50,000. The cash flow for the next five years are $14,000, $18,000, $18,000, $14,000, and $20,000, respectively. The interest rate is 8%.
What is the discounted payback period?(Enter only whole numbers)
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Auditing A Practical Approach with Data Analytics
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
1st edition
1119401747, 978-1119401742
