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Your company is considering a project with the following projected cash flows. Calculate the project's REGULAR payback period (in years). Year Cash Flow 0 -$1,150
Your company is considering a project with the following projected cash flows. Calculate the project's REGULAR payback period (in years).
Year | Cash Flow |
0 | -$1,150 |
1 | 525 |
2 | 485 |
3 | 355 |
4 | 405 |
Enter your answer as a number with 2 decimal places of precision (i.e. 1.23)
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