Question: years A project has estimated annual net cash flows of $62,700. It is estimated to cost $796,290. Determine the cash payback period. Round your answer


years
A project has estimated annual net cash flows of $62,700. It is estimated to cost $796,290. Determine the cash payback period. Round your answer to one decimal place. years
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
