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Question 1 of 12 3.0 Points Determine the payback and discounted payback for an investment of $20,000 that will produce net cash flows of $4,000

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Question 1 of 12 3.0 Points Determine the payback and discounted payback for an investment of $20,000 that will produce net cash flows of $4,000 for the next seven years. Assume the discount rate to be 6%

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