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2.It will cost $9,600 to acquire an ice cream cart that is expected to produce cash inflows of $3,800 a year for three years. After

2.It will cost $9,600 to acquire an ice cream cart that is expected to produce cash inflows of $3,800 a year for three years. After three years, the cart is expected to be worthless. What is the payback period?

A1.82 years

B2.67 years

C2.82 years

D2.53 years

E1.79 years

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