A Project Has an Initial Cost of $8,600 and Produces

question 96

Multiple Choice

A project has an initial cost of $8,600 and produces cash inflows of $3,200,$4,900,and $1,500 over the next three years,respectively. What is the discounted payback period if the required rate of return is 8%?

• A) 2.05 years
• B) 2.13 years
• C) 2.33 years
• D) 3.00 years
• E) never

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Definitions:

Query Design Grid

A graphical tool within database software that lets users construct queries by laying out fields and criteria in a grid format.

Calculations

Mathematical operations performed to determine a result, widely used in various fields such as mathematics, finance, and data analysis.

Lookup List

A feature in database and spreadsheet software that provides a predefined list of values for a field, helping to ensure data consistency and accuracy.

Table Design View

A database feature that provides a detailed view of a table's structure, including fields, data types, and relationships.