Question: Spreadsheet Problem: Payback Use the payback decision rule to evaluate this project; should it be accepted or rejected? (LG13-2) Time: 0 1 2 3 4

Spreadsheet Problem: Payback Use the payback decision rule to evaluate this project; should it be accepted or rejected? (LG13-2)

Time: 0 1 2 3 4 5 Cash flow -$235,000 $65,800 $84,000

Time: 0 1 2 3 4 5 Cash flow -$235,000 $65,800 $84,000 $141,000 $122,000 $81,200

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