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A project's initial investment is $2,000. The payback amounts are as follows: $600 in year 1; $650 in year 2; $750 in year 3. What

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A project's initial investment is $2,000. The payback amounts are as follows: $600 in year 1; $650 in year 2; $750 in year 3. What is the payback period? 1 year 2 years 2.5 years 3 years

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