Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. 5. what is the payback period for a $20.000 projec

5. What is the payback period for a $20.000 project that is expected to return...

80.2K

Verified Solution

Question

Finance

image

5. What is the payback period for a $20.000 project that is expected to return $6,000 for the first two years and $3,000 for Years 3 through 5? a. 3 1/2 b. 41/2 C. 42/3 d 5

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

Homework 4: Probability and z scores Use the data to answer the following questions Show all work...

Mechanical Engineering
1.2K views

The following data collected from a steam turbine of 25 MW capacity thermal power plant: Assume R...

Physics
1.2K views

Find the magnitude of potential difference between points Q and P when a uniform electric...

Geometry
1.2K views

HAME 19 In trapezoid JKLN JK ZN Find the endpoints of the midsegment N E...

Basic Math
1.2K views

A movie producer believes there is a relationship between the box office receipts total production...

Basic Math
1.2K views

The San Bernardino County Fair hires about 120 people during fair time. Their hourly wages...

Accounting
1.2K views

Cost and fair value data for the trading debt securities of Wildhorse Company...

Accounting
1.2K views

Write a case brief 160 Business Law Today: The Essentials 5-7. Copyright...

Accounting
1.2K views

a widely held corporation Question 30 (1 point) Every business corporation must: have bonds have...

Accounting
1.2K views

Two employees have been hired at a monthly salary of $2,300 each. One will start...

Accounting
1.2K views

1 llocation of common costs. Ben and Gary are students at Berkeley College. They share...

Finance
1.2K views

Charles Wallace died in 2012, leaving an estate of $27,000,000. Charless wife died in 2009....