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B-series has a project with an initial cost of $9000 and cash inflows of $2,100, $3140, $2,500 and $3,600 a year over the next four

B-series has a project with an initial cost of $9000 and cash inflows of $2,100, $3140, $2,500 and $3,600 a year over the next four years, respectively. What is the payback period?

Round the number to two decimals

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