An eight year project has an initial cost of $425,000, annual cash inflows of $100,000 at the
Fantastic news! We've Found the answer you've been seeking!
Question:
An eight year project has an initial cost of $425,000, annual cash inflows of $100,000 at the end of each of the first five years, and $50,000 at the end of each of the next three years. Calculate the payback period.
Points:1
- 4.00 years
- 4.25 years
- 4.50 years
- 5.00 years
Expert Answer:
Posted Date:
