Consider an Investment with an Initial Cost of $20,000 and Is

question 111

Multiple Choice

Consider an investment with an initial cost of $20,000 and is expected to last for 5 years.The expected cash flow in years 1 and 2 are $5,000,in years 3 and 4 are $5,500 and in year 5 is $1,000.The total cash inflow is expected to be $22,000 or an average of $4,400 per year.Compute the payback period in years.

• A)3.18 years
• B)3.82 years
• C)4.00 years
• D)4.55 years
• E)None of the above.

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Definitions:

Chilling

The sensation of cold that can accompany fever, fear, or the environment; it sometimes precedes the onset of a fever.

Excess Drying

Excessive loss of moisture, leading to dryness, often pertaining to skin or mucous membrane conditions.

Bed Bath

A method of bathing individuals who are bedridden or unable to bathe themselves, using basins, sponges, or wipes to clean the body while remaining in bed.

Nursing Assistive Personnel

Caregivers who support nurses by providing hands-on patient care, often aiding with tasks like bathing, dressing, and ambulating.