Year 0 1 2 3 4 5 6 Cash Flow -110000 30000 40000 20000 40000 20000 20000
Fantastic news! We've Found the answer you've been seeking!
Question:
Year | 0 | 1 | 2 | 3 | 4 | 5 | 6 |
Cash Flow | -110000 | 30000 | 40000 | 20000 | 40000 | 20000 | 20000 |
Given the cash flows in the table above, calculate the payback period assuming the cash flows in years 1 to 4 occur evenly throughout the year. The required rate of return is 12%.
Answer in years accurate to two decimal places
Related Book For
Posted Date: