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3.16 A project has the following costs and benefits. What is the payback period? Year 0 2 Benefits Costs $1,400 $500 $300 $400 $300 per

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3.16 A project has the following costs and benefits. What is the payback period? Year 0 2 Benefits Costs $1,400 $500 $300 $400 $300 per year 3-10

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