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An investment of $200,000 will produce a continuous annuity of amount of $15,500 per annum for 25 years. Find the discounted payback period when the

An investment of $200,000 will produce a continuous annuity of amount of $15,500 per annum for 25 years.

Find the discounted payback period when the interest rate on borrowed money is 9.25% per annum.

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