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QS 24-1 Payback period LO P1 Park Co. is considering an investment that requires immediate payment of $31,000 and provides expected cash inflows of $13,600

QS 24-1 Payback period LO P1

Park Co. is considering an investment that requires immediate payment of $31,000 and provides expected cash inflows of $13,600 annually for four years. What is the investment's payback period?

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Payback Period Payback Period Payback period Choose Numerator: Choose Denominator: Cost of investment Annual net cash flow

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