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A project with an initial cost of $38,900 is expected to generate cash flows of $8,800, $10,600, $8,850, $9,750, and $8,950 over each of the

A project with an initial cost of $38,900 is expected to generate cash flows of $8,800, $10,600, $8,850, $9,750, and $8,950 over each of the next five years, respectively. What is the project's payback period?

Payback Period = years

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