Question
What is the payback period for a project that has the following cash flows: Year 0 = $15,000; Year 1 = $7,500; Year 2 =
What is the payback period for a project that has the following cash flows: Year 0 = $15,000; Year 1 = $7,500; Year 2 = $6,200; Year 3 = $4,900; and Year 4 = $4,500?
a. 2.27 years
b. 1.73 years
c. 2.17 years
d. 3.10 years
e. 2.64 years
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Financial Analysis With Microsoft Excel 2016
Authors: Timothy R. Mayes, Todd M. Shank
8th Edition
1337298042, 9781337298049
