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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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