dstub1720 dstub1720

03-06-2023
Business

contestada

Find the Payback period for the following investment opportunity. Initial Cash Investment at the beginning of year 1 is $18,600.
End of the year cash inflows: Investment opportunity Y
Year 1 $5,400
Year 2 $5,720
Year 3 $5,850
Year 4 $7,030
The answer should be calculated to two decimal places.

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