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Find the Payback period for the following project: Project X Initial Outlay $8,130 Year 1 $3,480 Year 2 $3,240 Year 3 $3,890 Year 4 $5,450

Find the Payback period for the following project: Project X Initial Outlay $8,130 Year 1 $3,480 Year 2 $3,240 Year 3 $3,890 Year 4 $5,450 The answer should be calculated to two decimal places. Your

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