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A company is considering investing $200,000 in a project with the following anticipated net cash flows: Year 1: $65,000 Year 2: $50,000 Year 3: $55,000
A company is considering investing $200,000 in a project with the following anticipated net cash flows:
- Year 1: $65,000
- Year 2: $50,000
- Year 3: $55,000
- Year 4: $35,000
- Year 5: $40,000
- Year 6: $50,000
In what year will payback occur?
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