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Can you kindly assist me with the problem below. Find the payback period for the following project Initial Outlay $18,100 YEAR 1 $5,960 YEAR 2
Can you kindly assist me with the problem below.
Find the payback period for the following project
Initial Outlay $18,100
YEAR 1 $5,960
YEAR 2 $5,400
YEAR 3 $5,420
YEAR 4 $6,330
Answer should be in two decimal places
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