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Louie928 Louie928
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8 years ago
A project manager is using the payback method to make the final decision on which project to undertake. The company has a 10% required rate of return and expects a 4% rate of inflation for the following five years. What is the non-discounted payback of a project that has cash flows as shown in the table?

Year   Cash Flow
0   -$500,000
1   $50,000
2   $75,000
3   $150,000
4   $150,000
5   $750,000

A) 4.8 years
B) 4.1 years
C) 3.7 years
D) 5.0 years
Textbook 
Project Management: Achieving Competitive Advantage

Project Management: Achieving Competitive Advantage


Edition: 4th
Author:
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Yuppp
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flammableflammable
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8 years ago
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Louie928 Author
wrote...
#2
8 years ago
Excellent, thx
Yuppp
wrote...
#3
8 years ago
Excellent! Have a Merry Christmas Slight Smile
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