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You are considering a project with an initial cost of $ 7 , 8 0 0 . What is the payback period for this project

You are considering a project with an initial cost of $7,800. What is the payback period for this project if the cash inflows are $1,100, $1,640, $3,800, and $4,500 a year over the next four years, respectively? Show all calculations.

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