The Initial Outlay or Cost for a Four-Year Project Is

question 40

Multiple Choice

The initial outlay or cost for a four-year project is $1,100,000.The respective cash inflows for years 1,2,3 and 4 are: $500,000,$300,000,$300,000 and $300,000.What is the discounted payback period if the discount rate is 10%?

• A)About 2.67 years
• B)About 3.35 years
• C)About 3.84 years
• D)About 3.98 years

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Definitions:

Typological Approach

A method in psychology focused on categorizing individuals into distinct types based on shared characteristics or behaviors.

Spending Habits

Patterns or behaviors regarding how individuals use their money, often reflecting their values, financial goals, or economic status.

Essential-Trait

A core characteristic believed to represent the most important attributes of an individual's personality.

Lengthy Personality Measure

A comprehensive assessment tool used to evaluate a wide range of personality traits and behaviors over an extended set of items or questions.