A company is considering a proposal to invest $30,000 in a project that would provide the following net cash flows:
Year 1 $ 6,500
Year 2 10,700
Year 3 15,000
Year 4 12,800
Compute the project's payback period.

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The Answer of A company is considering a proposal to invest $30,000 in a project that would provide the following net cash flows:
Year 1 $ 6,500
Year 2 10,700
Year 3 15,000
Year 4 12,800
Compute the project's payback period.

A Company Is Considering a Proposal to Invest $30,000 in a Project