how long would it take to break even on a project with the following cash...

80.2K

Verified Solution

Question

Accounting

how long would it take to break even on a project with the following cash flows? Please answer with number of years, and two decimals places. Year 0: -38,360 Year 1: 12,200 Year 2: 6,500 Year 3: 4,400 Year 4: 10,000 Year 5: 10,000

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