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It is estimated that R9.1 million will be required to implement a project. Once implemented, the facility that was established during the project will generate

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It is estimated that R9.1 million will be required to implement a project. Once implemented, the facility that was established during the project will generate the net cash flows that you will find in sheet "Q2" of the attached spreadsheet, called, "EEC3701_Assignment2_2021_Q.xlsx". Determine the discounted payback period of the project if an interest rate (MARR) of 14% applies. Enter your answer, rounded to the nearest year here

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