Provided information Interest Cash flow Cash flow Million Year rate Million 12% R-638 R-638 12% 1 2 R160 R160 R200 12% 12% R200 R200 R200 4 12% R200 R200 N3

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 3.3C
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Based on the table above, calculate the payback period (using decimal years) for
the project.
(4)
Payback period (years) -
Transcribed Image Text:Based on the table above, calculate the payback period (using decimal years) for the project. (4) Payback period (years) -
Provided information
Cash flow
Million
Interest
Cash flow
Year
rate
Million
12%
R-638
R-638
1
12%
R160
R160
2
12%
R200
R200
3
12%
R200
R200
4
12%
R200
R200
Transcribed Image Text:Provided information Cash flow Million Interest Cash flow Year rate Million 12% R-638 R-638 1 12% R160 R160 2 12% R200 R200 3 12% R200 R200 4 12% R200 R200
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