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Find the Discounted Payback period for the following project. The discount rate is 1 0 % Project X Initial Outlay $ 8 , 8 8

Find the Discounted Payback period for the following project. The discount rate is 10%
Project X
Initial Outlay
$8,889
Year 1
$3,209
Year 2
$3,680
Year 3
$5,544
Year 4
$6,985
Round the answer to two decimal places.
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