Use the Table for the Question(s)below

question 18

Multiple Choice

Use the table for the question(s) below.
Consider a project with the following cash flows:
-Assume the appropriate discount rate for this project is 15%.The payback period for this project is closest to:

• A)3.0
• B)2.5
• C)2.0
• D)4.0

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Definitions:

Growth Need Category

A classification of needs that focuses on an individual's desire for personal development, competence, and self-fulfillment.

Self-actualization

Refers to the realization or fulfillment of one's talents and potentialities, especially considered as a drive or need present in everyone.

Self-esteem Needs

The psychological requirements for feeling valuable and competent, often considered a middle tier in Maslow's hierarchy of needs.

Inside Director

A board member who is an employee, officer, or stakeholder in the company, providing insight into internal management affairs.