What is the project payback period if the initial cost

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An investment project provides cash inflows of $1,075 per year for eight years. (Do not round intermediate calculations. Enter 0 if the project never pays back. Round your answers to 2 decimal places (e.g., 32.16).)

Requirement 1:

What is the project payback period if the initial cost is $3,700?

  Payback period   years

Requirement 2:

What is the project payback period if the initial cost is $4,750?

  Payback period   years 

Requirement 3:

What is the project payback period if the initial cost is $9,600?

  Payback period   years 

Reference no: EM131509602

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