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A project requires an initial investment of $225,000 and creates an annual cash inflow of $50,000 for the next 8 years. The Payback period is:.
A project requires an initial investment of $225,000 and creates an annual cash inflow of $50,000 for the next 8 years. The Payback period is:. Single choice.
7.2 years
6.3 years
8 years
4.5 years
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