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What is the discounted payback period for a business that has an income of $5000 per year and expenses of $1500 per year if your

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What is the discounted payback period for a business that has an income of $5000 per year and expenses of $1500 per year if your initial investment was $23, 800 and your MARR is 10% per year? A. Less than 6 years B. 8 years C. 12 years D. 17 years Interest formula used: _____

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