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CI T Y 15 rong-term investment project called ZIP ZIP will require an investment of $128,838. It will have a useful le of 4 years
CI T Y 15 rong-term investment project called ZIP ZIP will require an investment of $128,838. It will have a useful le of 4 years and no salvage value. Annual cash inflows would increase by $79,400, and annual cash outflows would increase by $40,000. Compute the cash payback period. (Round answer to 2 decimal places, eg. 10.52.) Cash payback period years
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