An investment project provides cash inflows

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An investment project provides cash inflows of $690 per year for eight years.

What is the project payback period if the initial cost is $1,475? (Enter 0 if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.)

Payback period                 years

What is the project payback period if the initial cost is $3,500? (Enter 0 if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.)

Payback period                 years

What is the project payback period if the initial cost is $5,700? (Enter 0 if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.)

Payback period                 years

Reference no: EM13923004

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