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We are considering the following project and our CEO asks us in what year we will recoup costs based on the discounted payback method. Year

We are considering the following project and our CEO asks us in what year we will recoup costs based on the discounted payback method.

Year Cash Flow PV CF @ 10%
0 ($20,000) ($20,000)
1 $15,000 $13,636
2 $7,500 $6,198
3 $5,000 $3,757

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