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Could you please show me how to get these answers using a financial calculator as well if possible? 14. An investment project provides cash flows
Could you please show me how to get these answers using a financial calculator as well if possible?
14. An investment project provides cash flows of $1,190 per year for 10 years. If the initial cost is $8,000, what is the payback period (assume discount rate r is zero)? A. 3.36 years B. 5.28 years C. 6.72 years D. 8.13 years E. NeverStep by Step Solution
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