“A project with a projected 6 year life would cost $100,000. Its annual cash flows would be $40,000 while its annual income flows would be $30,000. The payback period would be________ years”,”2.5 years 100,000/40

“A project with a projected 6 year life would cost $100,000. Its annual cash flows would be $40,000 while its annual income flows would be $30,000. The payback period would be________ years”,”2.5 years 100,000/40

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