If the Annual Cash Flows Are Not an Annuity (Equal

question 23

Multiple Choice

If the annual cash flows are not an annuity (equal each period) , payback is calculated by

• A)dividing the investment required by the average annual cash inflow.
• B)dividing the average annual cash inflow by the investment required.
• C)accumulating the net cash flows until they equal the initial investment.
• D)Payback cannot be calculated for a project with unequal cash flows.

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Definitions:

Homogeneous Data Structure

A data structure that contains elements of the same data type.

Heterogeneous Data Structure

A data structure that can store elements of different types.

Real Power

The actual effectiveness or influence that an entity or individual can exert, differing from nominal or perceived power.

Array

A data structure that stores a fixed-size sequential collection of elements of the same type, allowing for indexed access to its elements.