ILLUSTRATION 1. A project costs 1,00,000 and yields an annual cash inflow of * 20,000 for 8
years. Calculate its pay-back period.
Answers
Answered by
0
Answer:
5 years
Explanation:
Answered by
0
Answer:
5 years
Explanation:
=investment/cash inflows
=100000/20000
= 5 years
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