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An investment project has annual cash inflows of $27,000. The project requires an initial investment of $225,000. What is the payback period for the project?

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An investment project has annual cash inflows of $27,000. The project requires an initial investment of $225,000. What is the payback period for the project? 8.67 years 9.00 years O 7.67 years 8.33 years 8.00 years

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