Question
What is the discounted payback period for the investment project that has the following cash flows, if the discount rate is 14 percent? Year Cash
What is the discounted payback period for the investment project that has the following cash flows, if the discount rate is 14 percent?
| Year | Cash Flows |
| 0 | -4,591 |
| 1 | 2,183 |
| 2 | 2,220 |
| 3 | 2,912 |
| 4 | 2,415 |
Round answer to 2 decimal places but don't round any calculations before the final answer
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Forecasting Methods And Applications
Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman
3rd Edition
0471532339, 9780471532330
