An investment project provides cash inflows of $865 per year for eight years. a.) What is the
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Question:
An investment project provides cash inflows of $865 per year for eight years.
a.) What is the project payback period of the initial cost is $3,100?
b.) What is the project payback period if the initial cot is $4,300?
c.) What is the project payback period if the initial cost is $7,900?
Please answer in years. Round answers to 2 decimal places
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