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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 3,400 1 2,800 2 1,800 3 1,400 4
What is the payback period for the following set of cash flows? |
Year | Cash Flow |
---|---|
0 | $ 3,400 |
1 | 2,800 |
2 | 1,800 |
3 | 1,400 |
4 | 2,200 |
Multiple Choice
-
1.28 years
-
1.40 years
-
1.35 years
-
1.33 years
-
1.63 years
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