asked 226k views
4 votes
an investment project costs $10,200 and has annual cach flowe of $6,500 for 3 years what is the payback period?

asked
User Edhurtig
by
7.7k points

1 Answer

1 vote
$6500*3=$19500
Cost price=$10200
Payback period is $19500-$10200=$9300
answered
User Oscar Velandia
by
7.0k points
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