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If a project costs $24,801, and has the cash flows outlined in the table below, what is this project's payback period in years (use two
If a project costs $24,801, and has the cash flows outlined in the table below, what is this project's payback period in years (use two decimal places in your response)?
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
5,303 | 3,147 | 10,618 | 9,352 | 9,922 |
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