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A project has an initial cost of $75,200. The cash inflows are $8,500, $37,800, $23,400, and $17,500 over the next four years, respectively. What is

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A project has an initial cost of $75,200. The cash inflows are $8,500, $37,800, $23,400, and $17,500 over the next four years, respectively. What is the payback period? 2.87 years 3.31 years 3.22 years 3.07 years

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