What is the project payback period

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Reference no: EM132419882

Problem: An investment project provides cash inflows of $1,025 per year for eight years. (Enter 0 if the project never pays back. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Required:

What is the project payback period if the initial cost is $3,600?

What is the project payback period if the initial cost is $4,650?

What is the project payback period if the initial cost is $9,200?

Reference no: EM132419882

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