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Project Y Initial Outlay $18,600 Year 1 $5,260 Year 2 $5,680 Year 3 $5,780 Year 4 $7,060 Find the payback period for the following project:

Project Y Initial Outlay $18,600 Year 1 $5,260 Year 2 $5,680 Year 3 $5,780 Year 4 $7,060

Find the payback period for the following project:

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