Question: 1 You are considering a project with an initial cost of $7,500. What is the payback period for this project if the cash inflows are
1
You are considering a project with an initial cost of $7,500. What is the payback period for this project if the cash inflows are $1,100, $1,640, $3,800, and $2,500 a year over the next four years, respectively?
Group of answer choices
4.38 years
4.36 years
3.38 years
3.56 years
4.29 years
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
