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year, and $260,000 each year thereafter for eight years. The investment has no residual value. Compute the payback period. First enter the formula, then calculate

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year, and $260,000 each year thereafter for eight years. The investment has no residual value. Compute the payback period. First enter the formula, then calculate the payback period. (Round your answer to two decimal places.) +1 y= Payback

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