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An entrepreneur invests in his dream business of selling golf-carts. The initial investment is $221,000.00. The entrepreneur expects to generate an annual after-tax cash flow

An entrepreneur invests in his dream business of selling golf-carts. The initial investment is $221,000.00. The entrepreneur expects to generate an annual after-tax cash flow of $54,153.00 in running this business. How long before the project will pay back?

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