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EXERCISE 9-14. Calculate the Payback Period

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The Sunny Valley Wheat Cooperative is
considering the construction of a new silo. It will cost $75,000 to construct the silo.Determine the
payback period if the expected cash inflows are $15,000 per year.

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The Sunny Valley Wheat Cooperative is
considering the construction of ...

Solution Summary

This solution helps calculate payback period.

$2.19