A project has an initial cost of 65,000 expected net cash inflows of $15,000 per...

70.2K

Verified Solution

Question

Finance

A project has an initial cost of 65,000 expected net cash inflows of $15,000 per year for 7years and a cost of capital of 12% what is the projects payback period

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