6A (Payback period and Discounted Payback period)
February 19th, 2023
6A (Payback period and Discounted Payback period)Question 4Find the Discounted Payback period for the following project. The Discount rate is 9% Project XIntial Outlay $17,208Year 1 $5,359Year 2 $5,543Year 3 $5,547Year 4 $8,423Round the answer to two decimal places