Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. an investment project has annual cash inflows of $

An investment project has annual cash inflows of $4,400, $4,500, S6,300, and $7,800 for the...

60.1K

Verified Solution

Question

Finance

image
An investment project has annual cash inflows of $4,400, $4,500, S6,300, and $7,800 for the next four years, respectively. The discount rate is 12 percent. What is the discounted payback period for these cash flows if the initial cost is $15,000? Enter your answer as years with 2 digits to the right of the decimal point in the box shown below. Your

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A firm is considering an investment in a new machine with a price of $18.02 million...

Finance
Q

Islam recognizes Jesus and Moses. Does this mean that Islam respects other religions? Why or why...

Psychology
Q

A nutrient medium that has all of its chemical components identified and their precise concentrations...

Biology
Q

11 An important key to good observational records is O A appropriate format O B...

Biology
Q

Macmillan Learn Transcription Answer Bank Translation

Biology
Q

Determine the simple interest. Assume 360 days in a year.p=$39,632, r=0.0625% per day, t =...

Basic Math
Q

A variable is normally distributed with mean 10 and standard deviation 2.a. Find the percentage...

Basic Math
Q

Find the exact value of each trigonometric function (no decimals!).1. cos1352. tan 2403. sec120

Algebra
Q

1 If y varies directly as x2 and y 20 when x 2 find y...

Algebra
Q

Balloons By Sunset (BBS) is considering the purchase of two new hot air...

Accounting
Q

4. How can an increase in a companys days sales uncollected affect the current ratio?...

Accounting
Q

a. Gastos incurridos y pagados del sitio web, $2,900. b. ...

Accounting