Craig's Car Wash Inc A) 188 Years
B) 2

question 40

Multiple Choice

Craig's Car Wash Inc.is considering a project that has the following cash flow and cost of capital (r) data.What is the project's discounted payback? $$\begin{array} { l c c c c } & r = 10.00 \% & & & \\\text { Year } & 0 & 1 & 2 & 3 \\\hline \text { Cash flows } & - \$ 900 & \$ 500 & \$ 500 & \$ 500\end{array}$$

• A) 1.88 years
• B) 2.09 years
• C) 2.29 years
• D) 2.52 years
• E) 2.78 years

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Definitions:

Sanitization Process

A series of actions conducted to maintain or restore cleanliness and hygiene through the elimination of pathogens and contaminants.

Corrosive

A substance or chemical that can destroy or irreversibly damage another substance by contact.

Toxic

Harmful, poisonous, or potentially dangerous to organisms, often resulting from chemicals, substances, or environmental factors.

Killing Power

The effectiveness or capability of a substance or action to cause death.