Determine the payback period for the following project: Investment Costs --------- P 22,000 Maintenance Cost -------- P 1000/year Uniform Benefits ---------- P 6000/year Overhaul Cost ------------- P 7000 every 4 years SalvageValue-------------- P 2500 Useful life ------------------ P 12 years MARR ---------------------- P 11%

Essentials Of Investments
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Chapter1: Investments: Background And Issues
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Determine the payback period for the following project:
Investment Costs --------- P 22,000
Maintenance Cost -------- P 1000/year
Uniform Benefits ---------- P 6000/year
Overhaul Cost ------------- P 7000 every 4 years
SalvageValue-------------- P 2500
Useful life ------------------ P 12 years
MARR ---------------------- P 11%

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