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Cash payback period A project has estimated annual net cash flows of $ 3 0 , 0 0 0 . It is estimated to cost

Cash payback period
A project has estimated annual net cash flows of $30,000. It is estimated to cost $93,000.
Determine the cash payback period. Round your answer to one decimal place.
x years
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Divide the initial cost by the annual net cash flow.
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