Question: A project will provide $830 annually for 8 years. If the initial outlay is $3400, what is the payback period for this project? Should they

 A project will provide $830 annually for 8 years. If the

initial outlay is $3400, what is the payback period for this project?

A project will provide $830 annually for 8 years. If the initial outlay is $3400, what is the payback period for this project? Should they go ahead with the project if the company's desired payback is 3.5 years and the initial outlay is $4450

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