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9. Calculate the Payback Period given the following data: yrs. & months Year Flow Per Net Cash Net Cash Year ($113,000) Cumulative Flows ($113,000) Initial

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9. Calculate the Payback Period given the following data: yrs. & months Year Flow Per Net Cash Net Cash Year ($113,000) Cumulative Flows ($113,000) Initial Investment 1 2 ~ | 15,000 18,000 20,000 30,000 20,000 7,000 9,000

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