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What is the payback period for a project with an initial investment of $90,000 that provides an annual cash inflow of $20,000 for the first
What is the payback period for a project with an initial investment of $90,000 that provides an annual cash inflow of $20,000 for the first three years and $12500 per year for years four and five, and $25000 per year for years six through eight?
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