Question: In what year will payback occur for Project X? Round up to the next year if your answer is not an even number. 3.2 years

In what year will payback occur for Project X? Round up to the next year if your answer is not an even number. 3.2 years = in year 4.

Project X
Initial investment $190,000
Year one inflows $25,000
Year two inflows $40,000
Years three inflows $10,000
Year four inflows $8,000
Years 5-15 inflows $15,000

Group of answer choices:

Year 9

Year 11

Year 13

Year 12

Year 10

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