Payback period for a project, Finance Basics

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Payback period for a project

Problem:

What is the payback period for a project with an initial investment of $180000 that provides an annual cash inflow of $40000 for the first three years and $25000 per year for years four and five, and $50,000 per year for years six through eight___?

5.8 yrs
5.2 yrs
5.4 yrs
5.59 yrs

Note: Explain all steps comprehensively.

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Finance Basics: Payback period for a project

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Finance Basics: Payback period for a project

Reference No:- TGS0879172

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Recent Questions Asked Finance Basics

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Finance Basics: Payback period for a project

Reference No:- TGS0879172

Recent Questions Asked Finance Basics

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