Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place Net Cash Flows Cumulative Net Cash Flows per Year $(102,000) 10,200 $ (102,000) (91,800) 20,200 (71,600) 20,200 (51,400) (28,140) Year. Initial investment 1. 2. 3. 4. 5. 6. Payback period 23,260 40,200 40,200 years 12,060 52,260

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QS 24-4 (Algo) Payback period and unequal cash flows LO P1
Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place.)
Net Cash Flows
per Year
$ (102,000)
Cumulative Net
Cash Flows
$ (102,000)
(91,800)
(71,600)
(51,400)
(28,140)
Year
Initial investment
1.
2.
3.
4.
5.
6.
Payback period
10,200
20,200
20,200
23,260
40,200
40,200
years
12,060
52,260
Transcribed Image Text:QS 24-4 (Algo) Payback period and unequal cash flows LO P1 Compute the payback period for an investment with the following net cash flows. (Round your answer to one decimal place.) Net Cash Flows per Year $ (102,000) Cumulative Net Cash Flows $ (102,000) (91,800) (71,600) (51,400) (28,140) Year Initial investment 1. 2. 3. 4. 5. 6. Payback period 10,200 20,200 20,200 23,260 40,200 40,200 years 12,060 52,260
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