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( Ignore income taxes in this problem. ) Czaplinski Corporation is considering a project that would require an investment of $ 3 2 3 ,

(Ignore income taxes in this problem.) Czaplinski Corporation is considering a project
that would require an investment of $323,000 and would last for 7 years. The incremental annual
revenues and expenses generated by the project during those 7 years would be as follows:
The scrap value of the project's assets at the end of the project would be $22,000. The payback
period of the project is closest to ____________ years.

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