You Are Considering a Project with an Initial Cost of $4,300

question 74

Multiple Choice

You are considering a project with an initial cost of $4,300. What is the payback period for this project if the cash inflows are $550,$970,$2,600,and $500 a year over the next four years?

• A) 2.04 years
• B) 2.36 years
• C) 2.89 years
• D) 3.04 years
• E) 3.36 years

---

Definitions:

Propositions

Declarations or propositions that convey an assessment or viewpoint, capable of being either correct or incorrect.

Subjects

The topic or matter being discussed or described in a sentence, paragraph, or work; also individuals or entities that are being studied or observed.

Predicates

In grammar, parts of sentences that express what is said about the subject; in logic, parts of propositions that signify properties or ways of being.

Connective

A logical operator that connects two propositions in a complex statement, like "and", "or", and "if... then".