Company Rapid Growth is considering the following project: Year 0 1 2 3 4 5 Cash Flows -$88800 $10500 $25800 $33200 $37600 $50800  What's the payback period

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter26: Capital Investment Analysis
Section: Chapter Questions
Problem 4CMA
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Company Rapid Growth is considering the following project:

Year 0 1 2 3 4 5
Cash Flows -$88800 $10500 $25800 $33200 $37600 $50800

 What's the payback period of the project?

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