Question

QUESTION 21 Using the following project cashflows, determine the payback period.                ICO: $27,000              &

QUESTION 21

  1. 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

Homework Answers

Answer #1

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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