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There is a project with the following cash flows : Year Cash Flow 0 $27,250 1 7,900 2 9,000 3 7,550 4 8,150 5 7,500
There is a project with the following cash flows :
Year | Cash Flow | |
0 | $27,250 | |
1 | 7,900 | |
2 | 9,000 | |
3 | 7,550 | |
4 | 8,150 | |
5 | 7,500 | |
What is the payback period?
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