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Find the Payback period for the following project: Project Y Initial Outlay $18,000 Year I $5,120 Year 2 $5,240 Year 3 $5,080 ed Response aved

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Find the Payback period for the following project: Project Y Initial Outlay $18,000 Year I $5,120 Year 2 $5,240 Year 3 $5,080 ed Response aved Response atem ear 4 $7,820 The answer should be calculated to two decimal places. Your Answer Anewer

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