Tapley Dental Associates is considering a project that has the following cash flow data.?

What is the projects payback?


Year: 0 1 2 3 4 5


Cash Flows: -$1000...$300...$310...$320...$330...$34...


a) 2.11 years


b) 2.50 years


c) 2.71 years


d) 3.05 years


e) 3.21 years


How did you arrive at the answer?

Tapley Dental Associates is considering a project that has the following cash flow data.?
In order to calculate the payback the IRR needs to be specified, to bring the cash flows back to time zero (net present value).


///