Question:A project costs $16,000.The estimated annual cash inflows during
its 3 year life are $8,000, $7,000...
Question
A project costs $16,000.The estimated annual cash inflows during
its 3 year life are $8,000, $7,000...
A project costs $16,000.The estimated annual cash inflows during
its 3 year life are $8,000, $7,000 and $6,000 respectively. What
will be the pay-back period?