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The following table indicates the net cash flows of a capital asset: Year Net Cash Flow 0 $-202,000 1 $63,000 2 $63,000 3 $63,000 4
The following table indicates the net cash flows of a capital asset:
Year | Net Cash Flow |
0 | $-202,000 |
1 | $63,000 |
2 | $63,000 |
3 | $63,000 |
4 | $63,000 |
Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. Calculate the cash payback period In years using the formula method.
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