The initial investment is $5,000 for fixed assets. The net annual cash inflow from the business will
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Question:
The initial investment is $5,000 for fixed assets.
The net annual cash inflow from the business will be as follows:
Year 1 = $1,000
Year 2 = $2,000
Year 3 = $3,000
Year 4 = $4,000
Year 5 = $5,000
What is the Payback period?
Related Book For
College Algebra
ISBN: 978-0134697024
12th edition
Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels
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