question archive Find the Payback period for the following project: Project Y Initial Outlay $18,600 Year 1 $5,530 Year 2 $5,940 Year 3 $5,410 Year 4 $7,590 The answer should be calculated to two decimal places
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Find the Payback period for the following project:
Project Y
Initial Outlay $18,600
Year 1 $5,530
Year 2 $5,940
Year 3 $5,410
Year 4 $7,590
The answer should be calculated to two decimal places.
Your Answer: