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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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