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What is the payback period for a project that requires an initial investment of $100,000 and provides the following cash inflows? Year 1 $20,000

What is the payback period for a project that requires an initial investment of $100,000 and provides the following cash inflows? Year 1 $20,000 Year 2 $30,000 Year 3 Year 4 Year 5 $30,000 $40,000 $30,000

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