$10,000 in year 1, $20,000 in year 2, and $10,000 in year 3. The payback period of the project is
A. 1 year.
B. 2 years.
C. between 1 and 2 years.
D. between 2 and 3 years.
Answer:D
$10,000 in year 1, $20,000 in year 2, and $10,000 in year 3. The payback period of the project is
A. 1 year. B. 2 years. C. between 1 and 2 years. D. between 2 and 3 years.