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Question on pay back period (financial and accounting)
I need to calculate the pay back period for a company which has the following information:-
Initial investment 200,000 year 1 - 30,000 year 2 - 50,000 year 3 - 90,000 year 4 - 120,000 in year 4 there is a estimated residual value of assets of 40,000 what do I do with the residual value? Thankx. |
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