Norbert is considering a project with an initial value of $125,000.Cash inflows during the next 6 years will be $35,000 per year.Given this information, provide the project's payback.
A)5.17 years
B)4.57 years
C)4.17 years
D)3.57 years

Question

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The Answer of Norbert is considering a project with an initial value of $125,000.Cash inflows during the next 6 years will be $35,000 per year.Given this information, provide the project's payback.
A)5.17 years
B)4.57 years
C)4.17 years
D)3.57 years

Norbert Is Considering a Project with an Initial Value of $125,000.Cash