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What is the payback period for a project with an initial investment of $180,000 that provides an annual cash inflow of $40,000 for the first

What is the payback period for a project with an initial investment of $180,000 that provides an annual cash inflow of $40,000 for the first three years and $25,000 per year for years four and five, and $50,000 per year for years six through eight?

5.20 years

5.80 years

5.59 years

5.40 years

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