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A projects free cash flow is expected to be $32,000 in year 1. The cash flow is also expected to grow at 10% each year

A projects free cash flow is expected to be $32,000 in year 1. The cash flow is also expected to grow at 10% each year for the next three years until the project ends at year 4. The project will cost $75,000 to start. What is the projects payback? Discount payback if the interest rate is 12%?

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