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You are considering a project with an initial cost of $10,000. What is the payback period for this project if the cash inflows are $2,000,

You are considering a project with an initial cost of $10,000. What is the payback period for this project if the cash inflows are $2,000, $3,000, $3,500, and $4,500 a year over the next four years, respectively? Group of answer choices 3.43 years 3.23 years 3.53 years 3.13 years 3.33 years

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