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Peace
Lv 5
Peace asked in Business & FinanceInvesting · 5 years ago

payback period equation?

Project Rocket-STAR costs $10,000 to invest in and provides for net cash-flows of $4,000 in year 1, $5,000 in year 2, $2,000 in year 3 and $3,000 in year 4. What is the payback period for Project Rocket-STAR?

1 Answer

Relevance
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