Solution-Initial costs of producing the product

Initial costs of producing the product

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The pay-back period is the length of time it takes the company to recoup the initial costs of producing the product, service, or result of the project. If the initial investment in the project is $200,000 and the cash inflow from the project is $25,000 per year in the first two years and $50,000 in subsequent years, what is the payback period?

Reference no: EM132407641

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Initial costs of producing the product

Reference no: EM132407641

Reference no: EM132407641

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