CANNOT BE CALCULATED ON EXCEL. MUST SHOW ALL WORK An investment project provides cash inflows of $1,250 per year for eight years. (Enter 0 if the project never pays back. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) What is the project payback period if the initial cost is $4,050? Payback period: _______years What is the project payback period if the initial cost is $5,100? Payback period_______ years What is the project payback period if the initial cost is $11,000? Payback period________years
CANNOT BE CALCULATED ON EXCEL. MUST SHOW ALL WORKAn investment project provides cash inflows of $1,250 per
year for eight years. ;(Enter 0 if the project never pays back. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
What is the project payback period if the initial cost is $4,050?
Payback period: _______years
What is the project payback period if the initial cost is $5,100?
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Payback period_______ years
What is the project payback period if the initial cost is $11,000?
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Payback period________years ;