Resnick Inc. is considering a project that has the following cash flow data. What is the project's payback?

A) 1.42 years
B) 1.58 years
C) 1.75 years
D) 1.93 years
E) 2.12 years

Question

Resnick Inc. is considering a project that has the following cash flow data. What is the project's payback?

A) 1.42 years 
B) 1.58 years 
C) 1.75 years 
D) 1.93 years 
E) 2.12 years

Quizplus · Accepted Answer

The Answer of Resnick Inc. is considering a project that has the following cash flow data. What is the project's payback?

A) 1.42 years 
B) 1.58 years 
C) 1.75 years 
D) 1.93 years 
E) 2.12 years