A Project Having a Payback Period of 4

question 8

Multiple Choice

A project having a payback period of 4.73 years implies ____.

• A)the NPV is greater than zero
• B)the NPV is less than zero
• C)the NPV equals zero
• D)nothing about the NPV

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Definitions:

Information-Processing Models

Frameworks that describe the stages through which information passes to be encoded, stored, and retrieved from memory, analogous to a computer.

Computer's Operation

The functional processes and calculations performed by a computer in order to execute commands and run software applications.

Relearning

The process of learning material or skills that were previously learned and then forgotten, often facilitated by recognition of familiar aspects.

Algebra

A branch of mathematics dealing with symbols and the rules for manipulating these symbols; it is a unifying thread of almost all of mathematics.