Compute the payback period for the investment

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Our Company is considering the purchase of an asset for $150,000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year.

                    Year 1         Year 2         Year 3         Year 4        Year 5

Net Cash Flow  50,000      45,000         65,000      80,000     50,000

Question1 : Compute the payback period for this investment

Reference no: EM132529771

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