An investment project provides cash inflows

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Reference no: EM131873774

An investment project provides cash inflows of $740 per year for 12 years.

Required:

(a) What is the project payback period if the initial cost is 1,480?

2.02 years

2.04 years

2 years

1.94 years

1.9 years

(b) What is the project payback period if the initial cost is 4,292?

5.63 years

5.86 years

5.92 years

5.8 years

5.51 years

5.25 years

4.95 years

3.01 years

Never

1.35 years

Reference no: EM131873774

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