The payback period with i=3% is most nearly. Most nearly number for answer. EOY Cash Flow -$1,000 I 2 3 $200 $500 $300 $200 O3 years and 6 months O3 years and 4 months O No payback period O 4 years and 3 months No correct answer O 4 years and 6 months 3 pts
The payback period with i=3% is most nearly. Most nearly number for answer. EOY Cash Flow -$1,000 I 2 3 $200 $500 $300 $200 O3 years and 6 months O3 years and 4 months O No payback period O 4 years and 3 months No correct answer O 4 years and 6 months 3 pts
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:The payback period with i=3% is most nearly. Most nearly number for answer.
EOY
Cash Flow
-$1,000
I
2
3
$200
$500
$300
$200
O3 years and 6 months
O3 years and 4 months
O No payback period
O 4 years and 3 months
No correct answer
O 4 years and 6 months
3 pts
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