Suppose You Have Put $5,000 into a Project That Should

question 63

Multiple Choice

Suppose you have put $5,000 into a project that should generate cash inflows of $1,250 for each of the next 5 years.How long will it take to recover your initial investment?

• A) 3 years
• B) 3.5 years
• C) 4 years
• D) 4.2 years

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Definitions:

Jean Piaget

A Swiss psychologist known for his pioneering work in the study of child development and his theory of cognitive development.

Milestones

Significant points in development or events marking important stages or achievements in a process.

Dominant Gene

A gene that expresses its phenotype over another gene, the recessive gene, when they are both present in a pair of alleles.

Recessive Gene

A gene that produces its characteristic phenotype only when its allele is identical, otherwise being masked by the effects of a dominant gene.