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Swerling Company is considering a project with the following cash flows. I need to learn steps with BA ll plus calculator if needed. Year Cash
Swerling Company is considering a project with the following cash flows. I need to learn steps with BA ll plus calculator if needed.
Year | Cash Flow |
0 | ($20,000) |
1 | $ 3,000 |
2 | $ 4,000 |
3 | $ 5,000 |
4 | $ 6,000 |
5 | $ 7,000 |
What is the payback period of the proposed Swerling Company project?
1.28years | ||
2.28 years | ||
3.28 years | ||
4.28 years |
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