Garner Inc $\begin{array}{lcccc}\text { Year } & 0 & 1 & 2 & 3 \\\text { Cash flows } & -\$ 350 & \$ 200 & \$ 200 & \$ 200\end{array}$

question 36

Multiple Choice

Garner Inc.is considering a project that has the following cash flow data.What is the project's payback? $\begin{array}{lcccc}\text { Year } & 0 & 1 & 2 & 3 \\\text { Cash flows } & -\$ 350 & \$ 200 & \$ 200 & \$ 200\end{array}$

• A) 1.42 years
• B) 1.58 years
• C) 1.75 years
• D) 1.93 years
• E) 2.12 years

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Definitions:

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A federal health insurance program in the United States primarily for people aged 65 and older, also catering to some younger individuals with certain disabilities.

Aged 65 Years

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A system where insurance premiums are set based on the overall risk of the community rather than individual health risks.

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