A company invested $13,000 in a project with the following annual cash flows. Calculate the payback...
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A company invested $13,000 in a project with the following annual cash flows. Calculate the payback period for this investment. Cashflow in Year 1: $5,400 Cashflow in Year 2: $4,600 Cashflow in Year 3: $9,000 Cashflow in Year 4: 4,000 A company invested $13,000 in a project with the following annual cash flows. Calculate the payback period for this investment. Cashflow in Year 1: $5,400 Cashflow in Year 2: $4,600 Cashflow in Year 3: $9,000 Cashflow in Year 4: 4,000
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To calculate the payback period we need to determine how long it takes for the cumulati... View the full answer
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