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There is a project with the following cash flows : Year Cash Flow 0 $22,500 1 6,600 2 7,500 3 6,900 4 4,700 What is
There is a project with the following cash flows :
Year | Cash Flow | |
0 | $22,500 | |
1 | 6,600 | |
2 | 7,500 | |
3 | 6,900 | |
4 | 4,700 | |
What is the payback period?
3.32 years
3.57 years
4.00 years
3.75 years
2.78 years
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