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A project with an initial cost of $29,700 is expected to generate cash flows of $7,300, $9,400, $9,450, $8,350, and $8,100 over each of the

A project with an initial cost of $29,700 is expected to generate cash flows of $7,300, $9,400, $9,450, $8,350, and $8,100 over each of the next five years, respectively. What is the project's payback period?

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