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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?

  
Payback period________years 

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"FIRST15"

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