An investment project provides cash inflows

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An investment project provides cash inflows of $645 per year for eight years.

What is the project payback period if the initial cost is $1,800? (Do not round intermediate calculations. Enter 0 if the project never pays back. Round your answer to 2 decimal places (e.g., 32.16).)

Payback period ______ years

What is the project payback period if the initial cost is $3,500? (Do not round intermediate calculations. Enter 0 if the project never pays back. Round your answer to 2 decimal places (e.g., 32.16).)

Payback period ______ years

What is the project payback period if the initial cost is $5,300? (Do not round intermediate calculations. Enter 0 if the project never pays back. Round your answer to 2 decimal places (e.g., 32.16).)

Payback period ______ years

Reference no: EM131499690

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