Pay Back Period

Particulars 0ther Year 1st Year 2nd Year 3rd Year 4th Year 5th Year 6th Year 7th Year
Cash flows After Tax -7.65 5.89 6.05 6.26 6.63 6.65 6.57 6.46
PV factor @ K=.13 1.00 0.89 0.78 0.69 0.61 0.54 0.48 0.43
Present Value @ K=.13 -7.65 5.22 4.74 4.34 4.07 3.60 3.15 2.75
Cumulative Cash -2.43 2.30 6.64 10.71 14.31 17.47 20.22
Payback Period 1 In between 1 and 2 year