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Based upon the following data: calculate the Payback Period. Project A Initial Cost - $ 5 0 , 0 0 0 Year 1 $ 2

Based upon the following data: calculate the Payback Period. Project A Initial Cost -$50,000 Year 1 $20,000 Year 2 $15,000 Year 3 $20,000 Multiple Choice O 1.5 years O 2.0 years O 2.25 years O 2.75 years

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