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Assume that a company invests cash of $1,000,000 in new project. The cash savings from the new project is expected to be $100,000 per year

Assume that a company invests cash of $1,000,000 in new project. The cash savings from the new project is expected to be $100,000 per year for 10 years. What is the The payback period? Select one: a. 13 years b. 11 years c. 9 years d. 10 years

--------------- I do not want a detailed answer. I just want the final answer as soon as possible. Solve quickly I get you thumbs up directly Thank's Abdul-Rahim Taysir

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