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What is the payback period for the following set of cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places,
| What is the payback period for the following set of cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Year | Cash Flow |
|---|---|
| 0 | $ 5,800 |
| 1 | 1,500 |
| 2 | 1,700 |
| 3 | 2,100 |
| 4 | 1,600 |
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Financial Literacy And Money Script A Caribbean Perspective
Authors: Christine Sahadeo
1st Edition
3319770748, 978-3319770741
