Stewart associates
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9) Stewart associates is considering a project that has the following cash flow data. what is the project's payback?
Year Cash flow
0 (1,000)
1 300
2 310
3 320
4 330
5 340
choices given:
2.11 years
2.34 yrs
2.60 yrs
2.89 yrs
3.21 yrs
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Solution Summary
This solution shows the steps for determining the payback period of a given project.
Education
- BE, Bangalore University, India
- MS, University of Wisconsin-Madison
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