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It will cost $9,600 to acquire an ice cream cart that is expected to produce cash inflows of $3,600 a year for three years. What

It will cost $9,600 to acquire an ice cream cart that is expected to produce cash inflows of $3,600 a year for three years. What is the payback period?

A. 1.79 years

B. 2.67 years

C. 1.82 years

D. 1.67 years

E. 2.82 years

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