What is the formula for calculating the payback period?
What is the formula for calculating the payback period?
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Problem 9-4 Calculating Discounted Payback [LO3]
An investment project has annual cash inflows of $3,300, $4,200, $5,400, and $4,600, for the next four years, respectively. The discount rate is 15 percent. |
What is the discounted payback period for these cash flows if the initial cost is $6,000? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
Discounted payback period | years ? |
What is the discounted payback period for these cash flows if the initial cost is $8,100? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
Discounted payback period | years ? |
What is the discounted payback period for these cash flows if the initial cost is $11,100? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
Discounted payback period | years ? |