Question: Please show work in excel 6. McGlothin Inc. is considering a project that has the following cash flow data. What is the project's payback? r
Please show work in excel
6. McGlothin Inc. is considering a project that has the following cash flow data. What is the project's payback?
| r = | 0 | 1 | 2 | 3 |
| Cash flows | $1,150 | $500 | $500 | $500 |
7. Craig's Car Wash Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's discounted payback?
| r = | 10.00% |
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| Year | 0 | 1 | 2 | 3 |
| Cash flows | $900 | $500 | $500 | $500 |
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