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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 2,200 1 1,500 2 1,100 3 1,700 4
What is the payback period for the following set of cash flows? |
Year | Cash Flow |
---|---|
0 | $ 2,200 |
1 | 1,500 |
2 | 1,100 |
3 | 1,700 |
4 | 2,000 |
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