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Question 1 (1 point) Find the Payback period for the following project: Project X Initial Outlay $8,870 Year 1 $3,700 Year 2 $3,420 Year 3

Question 1 (1 point) Find the Payback period for the following project: Project X Initial Outlay $8,870 Year 1 $3,700 Year 2 $3,420 Year 3 $3,770 Year 4 $6,350 The answer should be calculated to two d...

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