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Assume you are evaluating a project that will cost $225,000 and will provide the following annual cash flows: YEAR 1 2 3 4 5

Assume you are evaluating a project that will cost $225,000 and will provide the following annual cash flows: YEAR 1 2 3 4 5 CASH FLOWS $60,000 $70,000 $80,000 $90,000 $100,000 If the appropriate discount rate is 10%, what is the discounted payback period?

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