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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 2,700 1 2,500 2 2,200 3 2,400 4

What is the payback period for the following set of cash flows?

Year Cash Flow
0 $ 2,700
1 2,500
2 2,200
3 2,400
4 1,300

rev: 09_18_2012

1.15 years

1.11 years

1.09 years

1.39 years

1.04 years

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