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Find the discounted payback period for the followingprojects. The discount rate is 8percent. Find the discounted payback period for the following projects. The discount rate

Find the discounted payback period for the followingprojects. The discount rate is 8percent.

image text in transcribed Find the discounted payback period for the following projects. The discount rate is 8 percent. Initial outlay Year 1 Year 2 Year 3 Year 4 $8692 $3516 $3313 $5586 $7203 Round the answer to two decimal places

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