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Year Cash Flows 0 -150,500 1 55,800 2 20,400 3 60,800 4 45,900 Use the table above. What is the payback period? Group of answer

Year Cash Flows
0 -150,500
1 55,800
2 20,400
3 60,800
4 45,900

Use the table above. What is the payback period?

Group of answer choices

4.55 years

The project does not payback.

2.29 years

3.29 years

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