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Find the payback period for the following project. The discount rate is 9% Initial Outlay $ $17,372 Year 1 $5,910 Year 2 $5,744 Year 3

Find the payback period for the following project. The discount rate is 9% Initial Outlay $ $17,372 Year 1 $5,910 Year 2 $5,744 Year 3 $5,821 Year 4 $8,701 The answer should be calculated to the two decimal places.

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