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What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places, e.g., 32.16.) Year Cash Flow 0
What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places, e.g., 32.16.)
| Year | Cash Flow | ||
| 0 | $ | 5,900 | |
| 1 | 1,400 | ||
| 2 | 1,600 | ||
| 3 | 2,000 | ||
| 4 | 1,500 | ||
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Unlimited Business Financing
Authors: Trent Lee, Dr Chad Lee
1st Edition
1934275050, 9781934275054
