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You are considering a $200,000 investment with the following cash flows: Yr 1 $20,000, Yr 2 $40,000, Yr 3 $45,000. Yr 4 $50,000. Yr 5

You are considering a $200,000 investment with the following cash flows: Yr 1 $20,000, Yr 2 $40,000, Yr 3 $45,000. Yr 4 $50,000. Yr 5 $60,000. What is the payback period in months for this investment? 57 $15,000 61 445/60 or 4 3/4 or 4.75

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