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What is the Payback Period (in years) for the following investment ? Year Cash Out Cash In 0 $ (570,000) 1 $ (230,000) 180,000 2

What is the Payback Period (in years) for the following investment ?
Year Cash Out Cash In
0 $ (570,000)
1 $ (230,000) 180,000
2 210,000
3 240,000
4 270,000
5 300,000

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