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dsp73
3 years ago
5

You're considering a project with an initial cost of $6400, what is the payback period for this project if the cash inflows are

$900, $1350,$2800, $1350 & $500 a year over the next five years
Business
1 answer:
Alinara [238K]3 years ago
7 0
Cost : 6400

900 + 1,350 = 2,250

2,250 + 500 = 2,750

2,750 + 1,350 = 4,100

4,100 + 2,800 = 6900

So there’s more than 6,400 dollars
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