An investment project provides cash inflows of $ 840 per year for eight years What is the project payback period if the initial cost is $ 3,200 What if the initial cost is $ 4,800 What if it is $ 7,300 ...

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An investment project provides cash inflows of $ 840 per year for eight years. What is the

Question:

An investment project provides cash inflows of $ 840 per year for eight years. What is the project if the initial cost is $ 3,200? What if the initial cost is $ 4,800? What if it is $ 7,300?

Payback Period
Payback period method is a traditional method/ approach of capital budgeting. It is the simple and widely used quantitative method of Investment evaluation. Payback period is typically used to evaluate projects or investments before undergoing them,...