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Can you please further explain how to calculate PVIF at 2 0 % , PV at 2 0 % and cumulative PV ? I also

Can you please further explain how to calculate PVIF at 20%, PV at 20% and cumulative PV? I also do not understand how to get to the discounted payback period formula of 345/2371=5.15 years. Please explain. TIA!!!!

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