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Showing posts with label
payback period
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Showing posts with label
payback period
.
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Friday, October 26, 2018
A project has estimated annual net cash flows of $9,300. It is estimated to cost $41,850
A project has estimated annual net cash flows of $9,300. It is estimated to cost $41,850. Determine the cash payback period. Round to one decimal place.
Answer:
4.5 years ($41,850 ÷ $9,300)
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