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You are considering a project with an initial cost of $4,300. What is the payback period for this project if the cash inflows are $550,

You are considering a project with an initial cost of $4,300. What is the payback period for this project if the cash inflows are $550, $970, $2,600, and $500 a year over the next four years, respectively?Round to the second decimal place.

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