Use the Table for the Question(s)below

question 63

Multiple Choice

Use the table for the question(s) below.
Consider a project with the following cash flows in $:
-Assume the appropriate discount rate for this project is 15%.The payback period for this project is closest to:

• A)3.0 years.
• B)2.5 years.
• C)2.0 years.
• D)4.0 years.

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Bookkeeping Service

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