Assume 10% interest. A proposed project has the following costs and benefits: Year Costs Benefits $3,000 $1,000 2 $1,000 $1,000 4 $2,000 $2,000 Using linear interpolation, the project's discounted payback period is most nearly . А. 2.26 years. 2.89 years. С. 3.35 years. D. 2.05 years. Е. 2.33 years. B. 3.
Assume 10% interest. A proposed project has the following costs and benefits: Year Costs Benefits $3,000 $1,000 2 $1,000 $1,000 4 $2,000 $2,000 Using linear interpolation, the project's discounted payback period is most nearly . А. 2.26 years. 2.89 years. С. 3.35 years. D. 2.05 years. Е. 2.33 years. B. 3.
Chapter1: Making Economics Decisions
Section: Chapter Questions
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![Assume 10% interest. A proposed project has the following costs and benefits:
Year Costs
Benefits
$3,000
1
$1,000
$1,000
3
$1,000
4
$2,000
$2,000
Using linear interpolation, the project's discounted payback period is most
nearly.
А.
2.26 years.
2.89 years.
C.
3.35 years.
2.05 years.
Е.
2.33 years.
B.
D.
LO](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2e5045da-4ba0-4f0d-a522-62b5179b96d8%2Fc5410e8c-c01f-4aa9-ba38-0dc137521b11%2Fkludr28_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Assume 10% interest. A proposed project has the following costs and benefits:
Year Costs
Benefits
$3,000
1
$1,000
$1,000
3
$1,000
4
$2,000
$2,000
Using linear interpolation, the project's discounted payback period is most
nearly.
А.
2.26 years.
2.89 years.
C.
3.35 years.
2.05 years.
Е.
2.33 years.
B.
D.
LO
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