Question
What is the payback period for the following set of cash flows? (Do not round intermediate calculations and round your answer to 2 decimal
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 -$ 4,700 1234 1,200 1,400 1,800 1,300 Payback period years
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
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