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Find the Payback period for the following project: Project X Initial Outlay $8,220 Near 1 $3,620 Year 2 $3,970 Year 3 $3,780 Year 4 $5,280

Find the Payback period for the following project: Project X Initial Outlay $8,220 Near 1 $3,620 Year 2 $3,970 Year 3 $3,780 Year 4 $5,280 The answer should be calculated to two decimal places. Your

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