About the projects payback

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Reference no: EM13913683

Assume a project has the following expected cash flows:

Year 0: ($400,000)

Year 1: $100,000

Year 2: $150,000

Year 3: $200,000

Year 3: $250,000

What is the project’s payback (payback period)?

a. 2.00 years

b. 2.25 years

c. 2.50 years

d. 2.75 years

e. 3.15 years

Reference no: EM13913683

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