You invest $200 000 in a project.  Your returns are as follows: Year        Annual Net Cash Inflow               Cumulative Net                   Cash Inflow 1 $70 000 $70 000 2 $70 000 $140 000 3 $80 000 $220 000 4 $50 000 $270 000 5 $30 000 $300 000   Calculate your payback period

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 23E
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You invest $200 000 in a project.  Your returns are as follows:

Year       

Annual Net

Cash Inflow

              Cumulative Net

                  Cash Inflow

1 $70 000 $70 000
2 $70 000 $140 000
3 $80 000 $220 000
4 $50 000 $270 000
5 $30 000 $300 000

 

Calculate your payback period

 

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9780547587776
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HOLT MCDOUGAL