Payback Period Assignment
February 19th, 2020
Given the following cash flows for a proposed capital investment project, calculate the payback period.
Year | Cash Flow |
0 | -$40,000 |
1 | 15,000 |
2 | 15,000 |
3 | 15,000 |
4 | 15,000 |
5 | 10,000 |
6 | 10,000 |
Question 4 options:
5.50 years | |
3.33 years | |
4.33 years | |
2.67 years |
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