Find the Payback period for the following investment. Initial cash investment at the beginning of year 1 is $8,460. End
Posted: Wed Jul 06, 2022 6:43 pm
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.
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.