Multiple Choice
Rural Feed Mill Pty Ltd is spending $250 000 to update its facility.The company estimates that this investment will improve its cash inflows by $56 500 a year for 10 years.What is the payback period?
A) 4.24 years
B) 5.05 years
C) 4.13 years
D) 4.42 years
E) The project never pays back.
Correct Answer:

Verified
Correct Answer:
Verified
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