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An investment with the following cash flows is considered.
What is the payback period?
How might the magnitude of the final cash flow effect the payback period?
Given:
\table[[Year,Invstmt (beg yr),Inflow (end yr)],[1,15000,1000],[2,8000,2000],[3,,2500],[4,,4000],[5,,5000],[6,,6000],[7,,5000],[8,,4000],[9,,3000],[10,,2000]]
Payback Period:
(yrs)
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