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Exercise 1 2 - 1 ( Algo ) Payback Method [ LO 1 2 - 1 ] The management of Unter Corporation, an architectural design

Exercise 12-1(Algo) Payback Method [LO12-1]
The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows:
\table[[Year,Investment,\table[[Cash],[Inflow]]],[1,$52,000,$4,000
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