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What is the payback period for a $16,700 investment with the following cash flows? Year Cash Flow 1 $2,100 2 6,800 3 6,900 4 7,300

What is the payback period for a $16,700 investment with the following cash flows?

Year Cash Flow

1 $2,100

2 6,800

3 6,900

4 7,300

5 5,100

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