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What is the payback period for the following set of cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places,
| What is the payback period for the following set of cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Year | Cash Flow |
|---|---|
| 0 | $ 4,800 |
| 1 | 1,125 |
| 2 | 1,325 |
| 3 | 1,850 |
| 4 | 1,225 |
|
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The Infographic Guide To Personal Finance
Authors: Michele Cagan CPA, Elisabeth Lariviere
1st Edition
1507204663, 978-1507204665
