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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 4,600 1 1,700 2 2,100 3 1,600 4
What is the payback period for the following set of cash flows? |
Year | Cash Flow |
0 | $ 4,600 |
1 | 1,700 |
2 | 2,100 |
3 | 1,600 |
4 | 2,000 |
rev: 09_18_2012
2.45 years
2.80 years
2.50 years
2.52 years
2.62 years
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