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Business, 17.12.2019 20:31 jalonjonrs5586

Acompany is considering two projects. project i project ii initial investment $120,000 $120,000 cash inflow year 1 $40,000 $20,000 cash inflow year 2 $40,000 $20,000 cash inflow year 3 $40,000 $32,000 cash inflow year 4 $40,000 $48,000 cash inflow year 5 $40,000 $50,000 what is the payback period for project i?

a. 5 years
b. 2.5 years
c. 1 year
d. 3 years
e. 3.5 years

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