Find the Payback period for the following project: Project X Initial Outlay $8,210 Year 1 $3,640...

Question

Question

Find the Payback period for the following project: Project X Initial Outlay $8,210 Year 1 $3,640 Year 2 $3,350 Year 3 $3.770

Answer 1

Answer #1

payback period will be as per the given data

=2+(8210-3640-3350)/3770

=2.32 years

the above is answer

Answer 2

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