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Harpy Inc. invests in a project which costs $150,000. This project will earn $45,000 the first year and $15,000 every year thereafter. What is the

Harpy Inc. invests in a project which costs $150,000. This project will earn $45,000 the first year and $15,000 every year thereafter. What is the payback period for this investment?

Select a Choice Below

current question choices

OptionA

8 years

OptionB

7 years

OptionC

4 years

OptionD

3 years

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