The Following Four-Year Project Has an Initial Cost of $1,000,000

question 36

Multiple Choice

The following four-year project has an initial cost of $1,000,000. The future cash inflows for the next four years are $600,000, $500,000, $400,000, and $400,000, respectively. If the rate of return is 12%, determine the discounted payback period for this project.

• A) 2.74 years
• B) 2.44 years
• C) 2.23 years
• D) 1.94 years
• E) 1.74 years

Understand how to compute percent frequency for data classes.

Identify the most common graphical presentations of quantitative data.

Grasp the concept of a frequency distribution and its importance.

Understand cumulative frequency distributions and their characteristics.

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Definitions:

Change Process

The series of steps or stages involved in moving from a current state to a desired future state, often used in the context of personal development or organizational change.

Stages of Change Model

A conceptual framework that describes the process individuals go through in altering a behavior or addressing a problem, including precontemplation, contemplation, preparation, action, and maintenance phases.

Client Ambivalence

Client ambivalence refers to the mixed feelings or contradictory attitudes a client may have towards change, often encountered in counseling and therapeutic settings.

Client's Thoughts

The opinions, beliefs, or cognitive processes expressed by a client, particularly in the context of therapy or counseling.