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Find the Payback period for the following project: Project X Initial Outlay $8,190 Year 1 $3,460 Year 2 $3,470 Year 3 $3,940 Year 4

Find the Payback period for the following project: Project X Initial Outlay $8,190 Year 1 $3,460 Year 2 $3,470 Year 3 $3,940 Year 4 $5,970 The answer should be calculated to two decimal places. Your Answer: Answer

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