Binder Corp

question 33

Multiple Choice

Binder Corp. has invested in new machinery at a cost of $1,450,000. This investment is expected to produce cash flows of $640,000, $715,250, $823,330, and $907,125 over the next four years. What is the payback period for this project? (Round your answer to two decimal places.)

• A) 2.12 years
• B) 1.88 years
• C) 4.00 years
• D) 3.00 years.

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Definitions:

Gynecology

A branch of medicine focusing on the health of the female reproductive systems and breasts.

Gynecologist

A physician specializing in the health of the female reproductive systems and breasts.

Genitalia

The external and internal organs of the reproductive system in both males and females.

Gravida

A term used in obstetrics to refer to a pregnant woman; often used in medical context to specify the number of pregnancies a woman has had.