A project has the following cash flows. What is the payback period? Year 2 m 4...

Transcribed Image Text:

A project has the following cash flows. What is the payback period? Year 2 m 4 (A) 2.50 years B 2.24 years 2.25 years (D) 2.08 years E) 2.95 years Cash Flow 20,000 8,000 11,000 12,000 15,000 A project has the following cash flows. What is the payback period? Year 2 m 4 (A) 2.50 years B 2.24 years 2.25 years (D) 2.08 years E) 2.95 years Cash Flow 20,000 8,000 11,000 12,000 15,000