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Sanders Inc., is considering a project with the following cash flows. Year Cash Flows 0 -$50,000 1 $10,398 2 $15,134 3 $57,149 4 $75,279 5

Sanders Inc., is considering a project with the following cash flows. Year Cash Flows 0 -$50,000 1 $10,398 2 $15,134 3 $57,149 4 $75,279 5 $250,409 What is the regular payback period for this project? [Enter the final answer with two decimals (e.g. 5.55)]

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