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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 1,900 1 1,300 2 2,900 3 3,000 4
What is the payback period for the following set of cash flows? |
Year | Cash Flow |
0 | $ 1,900 |
1 | 1,300 |
2 | 2,900 |
3 | 3,000 |
4 | 1,300 |
Multiple Choice
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1.27 years
-
1.16 years
-
1.23 years
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1.21 years
-
1.51 years
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