Question: Canvas Help Center? 5 pts Question 21 A certain project with the following cash flows has been proposed. The board uses the Payback method and

 Canvas Help Center? 5 pts Question 21 A certain project with

Canvas Help Center? 5 pts Question 21 A certain project with the following cash flows has been proposed. The board uses the Payback method and Discounted Payback Method and will approve only projects that pay back within 3.5 years. The discount rate is 10%. Year O Investment 750,000 Year 1 Income 205,000 Year 2 Income 245,000 Year 3 Income 125,000 year 4 Income 200,000 Using the Payback method, when will the project pay back (number of years)? Is this a Go or a No Go?_ Using the Discounted Payback Method, when will the project pay back? Is this a Go or a No Go? HTML Editor 9 A I = = = = = B 1 - D A V = D = 12pt = - Paragraph

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