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Find the payback period for the following project: The discount rate is 8%. Project X Initial Outlay $8462 Year 1 $3279 Year 2 $3391 Year
Find the payback period for the following project: The discount rate is 8%.
| Project X |
Initial Outlay | $8462 |
Year 1 | $3279 |
Year 2 | $3391 |
Year 3 | $5199 |
Year 4 | $6226 |
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