Find the Payback period for the following investment. Initial cash investment at the beginning of year 1 is $8,460. End

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Find the Payback period for the following investment. Initial cash investment at the beginning of year 1 is $8,460. End

Post by answerhappygod »

Find the Payback period for the followinginvestment. Initial cash investment at the beginning of year1 is $8,460.
End of the year cash inflows
Investment opportunity X
Year 1
$3,330
Year 2
$3,350
Year 3
$3,680
Year 4
$5,210
The answer should be calculated to two decimalplaces.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”