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Park Company is considering an Investment of $30,000 that provides net cash flows of $9,000 annually for four years. What is the Investment's payback perlod?

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Park Company is considering an Investment of $30,000 that provides net cash flows of $9,000 annually for four years. What is the Investment's payback perlod? Compute the payback perlod for an Investment with the following net cash flows. Note: Round your answer to one decimal place

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