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A project has the following cash flows. What is the payback period? Year Cash flow 0 -14500 1 2200 2 4800 3 6500 4 7500

A project has the following cash flows. What is the payback period?

Year Cash flow

0 -14500

1 2200

2 4800

3 6500

4 7500

My question is that should I find positive value in any year when I add future value from the initial value (Year 0) to make a positive value ? Could anyone explain this question?

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