80.2K
Verified Solution
Link Copied!
What is the payback period for this project?
A project is expected to have the following cash flow:
Time 0: -$1,700
Time 1: $200
Time 2: $230
Time 3: $255
Time 4: $300
Time 5: $340
Time 6: $390
What is the payback period for this project?
5.45 years
4.87 years
5.24 years
5.96 years
Using a 6% discount rate, what is the discounted payback period for the following cash flow?
Time 0: -$1,900
Time 1: $350
Time 2: $390
Time 3: $450
Time 4: $500
Time 5: $630
4.85 years
4.45 years
4.95 years
4.71 years
Answer & Explanation
Solved by verified expert
