If a project costs $110,000 and is expected to return $29,500 annually, how long does it take to recover the initial investment? What would be the discounted payback period at /= 15% ? Assume that the cash flows occur continuously throughout the year. a. The payback period is b. The discounted payback period at i = 15 % would be years. (Round to one decimal place.) years. (Round to one decimal place.)
If a project costs $110,000 and is expected to return $29,500 annually, how long does it take to recover the initial investment? What would be the discounted payback period at /= 15% ? Assume that the cash flows occur continuously throughout the year. a. The payback period is b. The discounted payback period at i = 15 % would be years. (Round to one decimal place.) years. (Round to one decimal place.)
Chapter1: Making Economics Decisions
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![QUESTION 10
If a project costs $110,000 and is expected to return $29,500 annually, how long does it take to recover the initial investment? What would be the discounted payback period at i = 15% ? Assume that the
cash flows occur continuously throughout the year.
a. The payback period is
b. The discounted payback period at i = 15 % would be
years. (Round to one decimal place.)
years. (Round to one decimal place.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe4ccabf3-1da0-4292-8e97-dbc043b64bd3%2F116ed25f-37ec-4673-967e-0972063bd43a%2Fznhaxjm_processed.png&w=3840&q=75)
Transcribed Image Text:QUESTION 10
If a project costs $110,000 and is expected to return $29,500 annually, how long does it take to recover the initial investment? What would be the discounted payback period at i = 15% ? Assume that the
cash flows occur continuously throughout the year.
a. The payback period is
b. The discounted payback period at i = 15 % would be
years. (Round to one decimal place.)
years. (Round to one decimal place.)
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