What is the project payback period

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Q1. A project that costs $18000 today will generate cash flows of $4900 per year for seven years. What is the project's payback period?

Q2. A new project has an initial cost of $157000. The equipment will be depreciated on a straight-line basis to a book value of $55000 at the end of the four-year life of the project. The projected net income each year $14800. $17850, $22900 and 14700, respectively. What is the average accounting return?

Reference no: EM132915071

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