A Project Has an Initial Cost of $72,500

question 289

Multiple Choice

A project has an initial cost of $72,500. The cash inflows are $11,500, $36,900, $22,900, and $18,200 over the next four years, respectively. What is the payback period?

• A) 2.67 years
• B) 2.98 years
• C) 3.01 years
• D) 3.07 years
• E) 3.13 years

---

Definitions:

Goals

Targets or desired outcomes that individuals, groups, or organizations aim to achieve.

Soccer Team

A group consisting of eleven players who participate in matches involving the sport of soccer, utilizing skills like dribbling, passing and shooting to score goals and win.

Median Score

A statistical measure representing the middle value in a set of data, where half the numbers are above and half are below this point.

Test

an assessment intended to measure a test-taker's knowledge, ability, aptitude, physical fitness, or classification in many other topics.