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you have a project which requires a capital investment of r790,043 at the start of the project. it is estimated that the project will deliver

you have a project which requires a capital investment of r790,043 at the start of the project. it is estimated that the project will deliver a monthly income of r8,442 per month for 11 months in each year of operation. this income generation will start directly after investing the capital. the project has an estimated life span of 8 years. calculate the pay back period in years of this investment rounded to the nearest year.

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