You Are Considering a Project with an Initial Cost of $13,000.What

question 38

Multiple Choice

You are considering a project with an initial cost of $13,000.What is the payback period for this project if the annual cash inflows are $3,450,$5,970,$2,100,and $1,400 for Years 1 to 4,respectively?

• A)4.06 years
• B)3.97 years
• C)3.89 years
• D)Never
• E)3.81 years

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Definitions:

Comprehensive Chronology

A detailed and complete sequential record of events or historical moments, often presented in time order.

Bad-news Messages

Communications that relay unpleasant or unwelcome information to the recipient.

Organizational Pattern

The arrangement or structure of ideas or content within a piece of writing or speech, aiding in clarity and comprehension.

Persuasive Messages

Communications designed to influence the attitudes, beliefs, or behaviors of others through argumentation, evidence, and appeals to emotion.