QUESTION 21
Using the following project cashflows, determine the payback
period.
ICO:
$27,000
year ΔNOCFt
1
$9,000
2 $10,000
3
$9,000
4
$8,000
2.98 years |
||
3.02 years |
||
3.11 years |
||
2.89 years |
||
none of these |
SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE
JUST WRITTEN IN EXCEL. NO EXCEL FUNCTION IS USED
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