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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 3,200 1 2,000 2 1,700 3 1,600 4
What is the payback period for the following set of cash flows? |
Year | Cash Flow |
0 | $ 3,200 |
1 | 2,000 |
2 | 1,700 |
3 | 1,600 |
4 | 1,200 |
1.71 years
1.66 years
2.01 years
1.73 years
1.79 years
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