An investment project provides cash inflows of $585 per year for 9 years. Required: Scenario 1 -
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Question:
An investment project provides cash inflows of $585 per year for 9 years.
Required:
Scenario 1 - What is the project payback period if the initial cost is $,700?
Scenario 2 - What is the project payback period if the initial cost is $2,450?
Scenario 3 - What is the project payback period if the initial cost is $7,320?
Calculating Payback Period
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