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It costs $70,000 to buy a food truck, which will produce the following incremental after-tax cash inflows: Year 1, $19,000; Year 2, $21,000; Year 3,
It costs $70,000 to buy a food truck, which will produce the following incremental after-tax cash inflows: Year 1, $19,000; Year 2, $21,000; Year 3, $22,000; Year 4, $23,000. What is the payback period?
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