Question: A) Determine the average rate of return for a project that is estimated to yield total income of $445,160 over four years, has a cost
A)
Determine the average rate of return for a project that is estimated to yield total income of $445,160 over four years, has a cost of $639,000, and has a $79,000 residual value. Round to the nearest whole number.
B)
A project has estimated annual net cash flows of $42,500. It is estimated to cost $374,000.
Determine the cash payback period. Round your answer to one decimal place. ______ years
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
