Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place.) Net Cash Flows Cumulative Net per Year $ (101,000 ) 10,100 20,100 20,100...


Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place.)<br>Net Cash Flows<br>Cumulative Net<br>per Year<br>$ (101,000 )<br>10,100<br>20,100<br>20,100<br>26,640<br>40,100<br>40,100<br>Cash Flows<br>$ (101,000)<br>(90,900)<br>(70,800)<br>(50,700)<br>(24,060)<br>16,040<br>56,140<br>Year<br>Initial investment<br>1.<br>2.<br>3.<br>5.<br>6.<br>Payback period<br>years<br>

Extracted text: Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place.) Net Cash Flows Cumulative Net per Year $ (101,000 ) 10,100 20,100 20,100 26,640 40,100 40,100 Cash Flows $ (101,000) (90,900) (70,800) (50,700) (24,060) 16,040 56,140 Year Initial investment 1. 2. 3. 5. 6. Payback period years

Jun 11, 2022
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