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What is this project's payback? Year 0 1 2 3 Cash flows -$1150 $500 $525 $550 a. 2.41 years b. 1.81 years c. 2.05 years
What is this project's payback?
Year | 0 | 1 | 2 | 3 |
Cash flows | -$1150 | $500 | $525 | $550 |
a. | 2.41 years | |
b. | 1.81 years | |
c. | 2.05 years | |
d. | 1.62 years | |
e. | 2.23 years |
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