Calculate the conventional payback period for the following cash flows. Investment = $250,000 Salvage Value = 0
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Question:
Calculate the conventional payback period for the following cash flows.
Investment = $250,000
Salvage Value = 0
Service Life = 6 years
n | Cash flow |
0 | -250,000 |
1 | 75,000 |
2 | 55,000 |
3 | 65,000 |
4 | 25,000 |
5 | 35,000 |
6 | 20,000 |
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