What is the investment payback period
An investment of $700,000 is expected to generate the following cash flows:
Year 1 $200,000Year 2 $200,000Year 3 $100,000year 4 $200,000year 5 $100,000
What is the investment's payback period?
a) 7 years
b) 5 years
c) 3 years
d) 4 years
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Belle opens an investment account on April 1, 2011. At that time she deposits $2,500 into her account. The account will earn 5% annually. If she repeats this deposit for the next 14 years, how much will she have in her account on March 31, 2026, (
An investment of $700,000 is expected to generate the following cash flows:What is the investment's payback period?
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