Consider the Following Four-Year Project

question 96

Multiple Choice

Consider the following four-year project.The initial outlay or cost is $210,000.The respective cash inflows for years 1,2,3 and 4 are: $100,000,$80,000,$80,000 and $20,000.What is the discounted payback period if the discount rate is 11%?

• A)About 1.667 years
• B)About 2.000 years
• C)About 2.427 years
• D)About 2.94 years

---

Definitions:

Municipal Services

Public services provided by local governments, including water supply, sewage treatment, waste management, and more.

Cluster Housing

A residential development design where homes are built in close proximity to each other, often around shared open space, with the goal of preserving natural environmental features and providing a sense of community.

High-Density

Refers to a high level of mass per unit volume, often used in the context of populations, materials, or data storage.

Common Space

Areas accessible and used by the public or a community, including parks, shared gardens, and public squares.