Finance payback period and discounted payback period- find


Finance: Payback period and Discounted Payback period

Question

Find the Discounted Payback period for the following project. The Discount rate is 9%

                      Project X
Intial Outlay      $17,208
Year 1              $5,359
Year 2              $5,543
Year 3              $5,547
Year 4              $8,423

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Finance Basics: Finance payback period and discounted payback period- find
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