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Year Investment A Investment B 1................ $25,000 $40,000 2................ 30,000 40,000 3................ 25,000 28,000 4................ 19,000 5................ 25,000 What is the payback period for investment
Year | Investment A | Investment B |
1................ | $25,000 | $40,000 |
2................ | 30,000 | 40,000 |
3................ | 25,000 | 28,000 |
4................ | 19,000 | |
5................ | 25,000 |
What is the payback period for investment B, if initial investment is $100,000
2.71 years | ||
3 years | ||
2.98 years | ||
3.5 years |
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