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An investment project provides cash inflows of $1,100 per year for eight years. a. What is the project payback period if the initial cost is
An investment project provides cash inflows of $1,100 per year for eight years.
a. What is the project payback period if the initial cost is $3,750 ? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the project payback period if the initial cost is $4,800 ? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What is the project payback period if the initial cost is $9,800 ? Note: Enter 0 if the project never pays back. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16Step by Step Solution
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