What is the payback on a project requiring 60,000 initial investment that has a net cash inflow

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What is the payback on a project requiring £60,000 initial investment that has a net cash inflow of £40,000 in year 1, £25,000 in year two, and £15,000 in year three?

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Business Accounting

ISBN: 9780273619826

7th Edition

Authors: Frank Wood, Alan Sangster

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