Multiple Choice
Norbert is considering a project with an initial value of $125,000.Cash inflows during the next 6 years will be $35,000 per year.Given this information, provide the project's payback.
A) 5.17 years
B) 4.57 years
C) 4.17 years
D) 3.57 years
Correct Answer:
Verified
Correct Answer:
Verified
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