The initial investment is $5,000 for fixed assets. The net annual cash inflow from the business will

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The initial investment is $5,000 for fixed assets.

The net annual cash inflow from the business will be as follows:

Year 1 = $1,000

Year 2 = $2,000

Year 3 = $3,000

Year 4 = $4,000

Year 5 = $5,000

What is the Payback period?

Related Book For answer-question

College Algebra

ISBN: 978-0134697024

12th edition

Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels

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Posted Date: Apr 29, 2024 01:47 PM

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The initial investment is $5,000 for fixed assets. The net annual cash inflow from the business will

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To calculate the payback period we need to determine the time it tak... View the full answer

College Algebra

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