An investment project gives cash inflows of $690 per year for eight years. What is the project payback period when the initial cost is $1,875? What if the initial cost is $3,650? What if it is $5,600?
Question1. What is the project payback period when the initial cost is $1,875?
Question2. What is the project payback period when the initial cost is $3,650?
Question3. What is the project payback period when the initial cost is $5,600?