What is the projects payback for stern associates


Problem: Stern Associates is considering a project that has the following cash flow data. What is the project's payback?

Year              0        1         2         3       4          5
Cash flows -$950   $300    $310   $320   $330    $340

  • 3.06 years
  • 3.24 years
  • 2.97 years
  • 3.70 years
  • 3.49 years

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the projects payback for stern associates
Reference No:- TGS01811892

Now Priced at $20 (50% Discount)

Recommended (90%)

Rated (4.3/5)