Mitchell Services is considering an investment of $25,000.Data related to the investment are as follows: Cost of capital is 14 percent.
What is the payback period in years approximated to two decimal points, assuming no taxes are paid?

Name: Mitchell Services is considering an investment of $25,000.Data related to the investment are as follows: Cost of capital is 14 percent. What is the payback period in years approximated to two decimal points, assuming no taxes are paid?
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Question

Mitchell Services is considering an investment of $25,000.Data related to the investment are as follows:  Cost of capital is 14 percent.
What is the payback period in years approximated to two decimal points, assuming no taxes are paid?

Quizplus · Accepted Answer

The Answer is C

Mitchell Services Is Considering an Investment of $25,000