Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 10 10 pts what is the payback period for

Question 10 10 pts What is the payback period for a project with an initial...

90.2K

Verified Solution

Question

Accounting

image

Question 10 10 pts What is the payback period for a project with an initial investment of $180,000 that provides an annual cash inflow of $20,000 for the first three years and $30,000 per year for years four through eight? 7 years 6 years 8 years 5 years

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