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What is the payback period for a project with a cost equal to $120,000 that will generate $30,000, $50,000, $20,000, $40,000, and $60,000 during its
What is the payback period for a project with a cost equal to $120,000 that will generate $30,000, $50,000, $20,000, $40,000, and $60,000 during its five-year life? A. 4.5 years B. 3.7 years C. 4.0 years D. 3.5 years E. 3.0 years
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