Use the Table for the Question(s)below

question 6

Multiple Choice

Use the table for the question(s) below.
Consider the following two projects with cash flows in $:
-The payback period for project Alpha is closest to:

• A)3.2 years.
• B)2.9 years.
• C)3.1 years.
• D)2.6 years.

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Definitions:

Agency's Requirements

The specific criteria, needs, or conditions that an organization or entity insists must be met or provided.

Discussing

The act of talking about something with someone to share ideas or opinions, or to reach a decision.

Repetitive

Involving or characterized by repeated actions or elements, often to the point of being boring or monotonous.

Written Offer

A formal proposal or bid put in writing, often related to employment, purchase, or sale agreements.