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What is the Payback Period (in years) for the following investment ? Year Cash Out Cash In 0 $ (570,000) 1 $ (230,000) 180,000 2
What is the Payback Period (in years) for the following investment ? | |||
Year | Cash Out | Cash In | |
0 | $ (570,000) | ||
1 | $ (230,000) | 180,000 | |
2 | 210,000 | ||
3 | 240,000 | ||
4 | 270,000 | ||
5 | 300,000 |
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