Reconsider the project balance table calculated at 10% given in 5.9.:Which of the following statements is correct?

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Q. Reconsider the project balance table calculated at 10% given in 5.9.:Which of the following statements is correct?

(A) the cash ﬂow in period 3 is $240
(B) the project is not proﬁtable at i ⇓ = ⇓ 10%.
(C) the conventional payback period is 1.7 years
(D) the net present worth of the project is $2,000

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✅ Correct Answer: (A) the cash ﬂow in period 3 is $240

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