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Park Company is considering an investment of $ 3 1 , 5 0 0 that provides net cash flows of $ 1 3 , 2

Park Company is considering an investment of $31,500 that provides net cash flows of $13,200 annually for four years. What is the investment's payback period?
\table[[,Payback Period,],[Numerator:,1,Denominator:,Payback Period,,],[,1,,Payback period,,],[,,=,,,]]
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