The Payback is a project evaluation method that represents the period between the initial investment and the moment when the accumulated net profit...

The Payback is a project evaluation method that represents the period between the initial investment and the moment when the accumulated net profit equals the invested value. So, if a company invests R$ 18,000.00 in a machine that generates a net profit of R$ 1,000.00 in the first month, and this revenue increases by R$ 500.00 each month, analyze the following statements:
I- It is possible to calculate the discounted Payback without knowing the cost of capital.
II- Only the simple Payback can be calculated because it does not consider the cost of capital.
III- The simple Payback occurs from the eighth month.
IV- Considering the cost of capital, the discounted Payback will occur before the simple Payback.
Now, choose the CORRECT alternative:


A Only statement IV is correct.
B Statements II and III are correct.
C Statements I and IV are correct.
D Only statement III is correct.