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Park Co. is considering an investment that requires immediate payment of $27,500 and provides expected cash inflows of $11,600 annually for four years. What is
Park Co. is considering an investment that requires immediate payment of $27,500 and provides expected cash inflows of $11,600 annually for four years. What is the investment's payback period? (FV of $1, PV of $1, FVA of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided.) Note the top boxes in the cart provide a drop down list to select from.
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