Multiple Choice
You are considering a project with an initial cost of $7,500.What is the payback period for this project if the cash inflows are $1,100,$1,640,$3,800,and $4,500 a year over the next four years,respectively?
A) 3.21 years
B) 3.28 years
C) 3.36 years
D) 4.21 years
E) 4.29 years
Correct Answer:

Verified
Correct Answer:
Verified
Q63: It will cost $6,000 to acquire an
Q64: Roger's Meat Market is considering two independent
Q65: Why is payback often used as the
Q66: Which one of the following is the
Q67: Which of the following are considered weaknesses
Q69: A project has an initial cost of
Q70: Which one of the following statements is
Q71: The Square Box is considering two projects,both
Q72: You are considering the following two mutually
Q73: The profitability index is most closely related