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What is the payback period for a $28,500 investment with the following cash flows? Year Cash Flow 1 $6200 2 7800 3 8600 4 9100
What is the payback period for a $28,500 investment with the following cash flows?
Year | Cash Flow |
1 | $6200 |
2 | 7800 |
3 | 8600 |
4 | 9100 |
5 | 9900 |
3.65 years
4.44 years
The project never pays back.
3.89 years
4.22 years
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