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Calculate the payback time for a $10,000 investment that returns $3,000 every year for 30 years. The rate of return for similar projects is 6.2%
Calculate the payback time for a $10,000 investment that returns $3,000 every year for 30 years. The rate of return for similar projects is 6.2% annully. Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to Tho decimal example, 10.23
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