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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 7,100 1 2,600 2 2,300 3 1,200 4
What is the payback period for the following set of cash flows? |
Year | Cash Flow |
0 | $ 7,100 |
1 | 2,600 |
2 | 2,300 |
3 | 1,200 |
4 | 1,900 |
3.70 years
3.48 years
3.55 years
3.83 years
3.53 years
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