A project has annual cashflows (including the initial year) of -90,000, 55,000, 65,000, 65,000, 50,000, and 50,000. Calculate the discounted payback period for this project if the discount rate is 11%. Round your answer to 2 decimals.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 15EB: Project X costs $10,000 and will generate annual net cash inflows of $4,800 for five years. What is...
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A project has annual cashflows
(including the initial year) of -90,000,
55,000, 65,000, 65,000, 50,000, and
50,000. Calculate the discounted
payback period for this project if the
discount rate is 11%. Round your
answer to 2 decimals.
Transcribed Image Text:A project has annual cashflows (including the initial year) of -90,000, 55,000, 65,000, 65,000, 50,000, and 50,000. Calculate the discounted payback period for this project if the discount rate is 11%. Round your answer to 2 decimals.
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