osed project has the following costs and benefits.  Using linear interpolation,  the project’s discounted payback period (use i=10%) is _____________.   Year Costs Benefits 0 $4,000   1   $1,200 2

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A proposed project has the following costs and benefits.  Using linear interpolation,  the project’s discounted payback period (use i=10%) is _____________.

 

Year

Costs

Benefits

0

$4,000

 

1

 

$1,200

2

 

$1,200

3

 

1,000

4

 

1,000

5

 

3,000

6

 

2,000

 

 

  A.

6.35 years

  B.

5.82 years

  C.

4.24 years

  D.

3.37 years

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