Nike is looking to invest in a new running hat that will cost $390,000 in initial...
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Nike is looking to invest in a new running hat that will cost $390,000 in initial funds. The following profits for this project can be found in the following cash flow statement. What is the discounted payback period for this machine at a 13.5% interest rate ? YEAR Amount $ (390,000.00) 1 $ 30,000.00 $ 37,500.00 3 2$ 46,875.00 4 2$ 58,593.75 24 73,242.19 6. 24 91,552.73 7 $ 114,440.92 8 $ 143,051.15 $ 178,813.93 $ 223,517.42 $ 279,396.77 9 10 11 12 $ 349,245.97 $ 436,557.46 $ 545,696.82 13 14 15 $ 682,121.03 10-11 7-8 9-10 11-12 12-13 Nike is looking to invest in a new running hat that will cost $390,000 in initial funds. The following profits for this project can be found in the following cash flow statement. What is the discounted payback period for this machine at a 13.5% interest rate ? YEAR Amount $ (390,000.00) 1 $ 30,000.00 $ 37,500.00 3 2$ 46,875.00 4 2$ 58,593.75 24 73,242.19 6. 24 91,552.73 7 $ 114,440.92 8 $ 143,051.15 $ 178,813.93 $ 223,517.42 $ 279,396.77 9 10 11 12 $ 349,245.97 $ 436,557.46 $ 545,696.82 13 14 15 $ 682,121.03 10-11 7-8 9-10 11-12 12-13
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Payback period is time it takes to recover the intial invstment Cumulativ... View the full answer
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date:
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