Question: Question 4 1 pts It will cost $8,500 to acquire an ice-cream cart that is expected to produce cash inflows of $3,600 a year for

 Question 4 1 pts It will cost $8,500 to acquire an

Question 4 1 pts It will cost $8,500 to acquire an ice-cream cart that is expected to produce cash inflows of $3,600 a year for three years. After the three years, the cart is expected to be worthless. Find the payback period. 2.67 vears 2.25 years 2.36 years 1.98 years 3.12 years Previous Next

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