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Sergeu [11.5K]
2 years ago
15

The Golden Goose is considering a project with an initial cost of $46,700. The project will produce cash inflows of $10,000 for

the first year and $12,000 per year for the following four years. What is the payback period
Business
1 answer:
MrRissso [65]2 years ago
6 0

The payback period is 4.06 years.

<h3>What is the payback period?</h3>

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Amount recovered in the first year = 46,700 - 10,000 = 36,700

Number of years it would take to recover 36,700 = 1 + (36700 / 12,000) = 4.06 years

To learn more about the payback period, please check: brainly.com/question/25716359

#SPJ1

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Explanation:

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3 years ago
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Note <em>See complete and organized question as attached as picture below</em>

<em />

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3 years ago
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organization-centered career planning

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3 years ago
The U.S. Treasury offers to sell you a bond for $715.00. No payments will be made until the bond matures 15 years from now, at w
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Explanation:

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solution

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amount = principal × (1+r)^{t}    ................1

here put value and we get

1000 = 715  × (1+r)^{15}

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7 0
3 years ago
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