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In part (b) of the question we calculated the payback period
Present value 9080 9233. 9030 …..
Cum npv. 15920. 6687. 2343…
how we calculated the cumulative NPV in this part b and how we get this answer ??
Why it is 2.7yrs pls explain this brieflyYou asked about payback period before and I suggested that you watched our free lectures. You obviously have not done so!
I am not going to type out my lectures here. Watch the lectures and if necessary watch the relevant Paper MA (was F2) lectures, because this is revision from Paper MA.
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