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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 3,000 1 1,600 2 1,800 3 2,000 4
What is the payback period for the following set of cash flows? |
Year | Cash Flow |
0 | $ 3,000 |
1 | 1,600 |
2 | 1,800 |
3 | 2,000 |
4 | 1,100 |
rev: 09_18_2012
2.08 years
1.80 years
1.73 years
1.78 years
1.87 years
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