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use a calculator please ponse Question 8 tots A project has an initial cost of $8.900 and produces cash inflows of $2.500, 54.900 and $1.500

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ponse Question 8 tots A project has an initial cost of $8.900 and produces cash inflows of $2.500, 54.900 and $1.500 over the next three years, respectively. What is the discounted payback period the required to return 57 percent? 2.88 years never 2.15 years 2.98 years 2.27 years Then Question 7 It will cost $2,300 to acquire an ice cream cart Cart sales are expected to be $1.500 a year for three years. Aher the three years, the cart is expected to be worthless as the specife of the refrigeration Unit only three years. What is the payback period? 1.44 years 44 years 2.30 years 1.30 years 2.44 years Question of 43

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