Question: A project costing $ 2 1 8 , 0 0 0 has equal annual cash inflows over its 7 - year life. If the discounted

A project costing $218,000 has equal annual cash inflows over its 7-year life. If the discounted payback period is seven years and the discount rate is zero percent, what is the amount of the cash flow in each of the seven years?
Multiple Choice
$218,000 for Year 1 and $0 for Years 2 through 7.
Any amount between $0 and $218,000 for any one year, provided the sum of the seven cash flows totals $218,000.
$0 for Years 1 to 6 and $218,000 in Year 7.
$31,142.86 per year for each of the seven years.
$0 for each of the seven years.

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