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Find the Discounted Payback period for the following project. The discount rate is 10% Project X Initial Outlay $8,831 Year 1 $3,100 Year 2 $3,521

Find the Discounted Payback period for the following project. The discount rate is 10%

Project X

Initial Outlay $8,831 Year 1 $3,100 Year 2 $3,521 Year 3 $5,778 Year 4 $6,987

Round the Answer to two decimal places.

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