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Calculate the payback time for a $10,000 investment that returns $2,000 every year for 29 years. The rate of return for similar projects is 6.4%

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Calculate the payback time for a $10,000 investment that returns $2,000 every year for 29 years. The rate of return for similar projects is 6.4% annually. Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places: for example, 10.23

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