A project has the following cash flows. What is the payback period?

Year | Cash Flow |
---|---|

0 | -$92,000 |

1 | 27,000 |

2 | 45,800 |

3 | 16,800 |

4 | 11,200 |

a. 2.48 years

b. 2.59 years

c. 2.96 years

d. 3.21 years

e. 3.43 years

A project has the following cash flows. What is the payback period?

Year | Cash Flow |
---|---|

0 | -$92,000 |

1 | 27,000 |

2 | 45,800 |

3 | 16,800 |

4 | 11,200 |

a. 2.48 years

b. 2.59 years

c. 2.96 years

d. 3.21 years

e. 3.43 years