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An investment project provides cash inflows of $705 per year for eight years. a. What is the project payback period if the initial cost is

An investment project provides cash inflows of $705 per year for eight years.

a.

What is the project payback period if the initial cost is $1,450? (Enter 0 if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.)

b. What is the project payback period if the initial cost is $3,600? (Enter 0 if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.)
c. What is the project payback period if the initial cost is $5,800? (Enter 0 if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.)

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