RentitAll Management Services is considering an investment of $60,000. Data related to the investment are as...

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RentitAll Management Services is considering an investment of $60,000. Data related to the investment are as follows: 1 Year Cash Flow $20,000 2 24,000 3 30,000 4 40,000 5 20,000 Cost of capital is 18 percent. What is the payback period in years approximated to two decimal points, assuming no taxes are paid? RentitAll Management Services is considering an investment of $60,000. Data related to the investment are as follows: 1 Year Cash Flow $20,000 2 24,000 3 30,000 4 40,000 5 20,000 Cost of capital is 18 percent. What is the payback period in years approximated to two decimal points, assuming no taxes are paid?

Answer rating: 100% (QA)

Investment amount 60000 Cash flows Year 1 20000 Year 2 24000 Year 3 30000 Year 4 ... View the full answer