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FInd the discounted payback period for the following project. The discount rate is 7% Initial outlay 17056 year 1 5510 year 2 5242 year 3

FInd the discounted payback period for the following project. The discount rate is 7%

Initial outlay 17056

year 1 5510

year 2 5242

year 3 5961

year 4 8796

round answer to two decimal place

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