Calculate the payback period for each project   Year Project A ($) Project B ($) Project C ($) 0 (Investment) -2,000 -$10,000 -$5,000 1 -2,000 -6,000 -2,000 2 800 4,000 5,000 3 600 3,000 5,000 4 600 2,000 5,000 5 400 2,000 2,000

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Calculate the payback period for each project

 

Year

Project A ($)

Project B ($)

Project C ($)

0 (Investment)

-2,000

-$10,000

-$5,000

1

-2,000

-6,000

-2,000

2

800

4,000

5,000

3

600

3,000

5,000

4

600

2,000

5,000

5

400

2,000

2,000

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