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Problem:

What is the payback period for a project with an initial investment of $180000 that provides an annual cash inflow of $40000 for the first three years and $25000 per year for years four and five, and $50,000 per year for years six through eight___?

  • 5.8 yrs
  • 5.2 yrs
  • 5.4 yrs
  • 5.59 yrs

Note: Explain all steps comprehensively.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91149074

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