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2 4 . The initial investment for a project is 2 . 0 million QR . A net annual profit of 1 5 0 ,

24 .

The initial investment for a project is

2.0

million QR

.

A net annual profit of

150, 000

QR is anticipated. Using a

10 %

desired rate of return on the investment that is the payback period for the project?

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