Thanks all! Find the Payback period for the following project: Project Y Initial Outlay $18,800 Year...

Question

Question

Find the Payback period for the following project: Project Y Initial Outlay $18,800 Year 1 $5,890 Year 2 $5,390 Year 3 $5,670 Thanks all!

business finance

Answer 1

Answer #1

YEAR Cash flows -$18,800 $5,890 $5,390 $5,670 $6,580 cumulative cash flows -$18,800.00 -$12,910.00 -$7,520.00 -$1,850.00 $4,7

Answer 2

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