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What is the payback period for the following set of cash flows Round your answer to decimal places

What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places, e.g., 32.16.)

 

Year Cash Flow
0 Ac€?o$ 5,500  
1   1,550  
2   1,750  
3   2,150  
4   1,650  
 

 

  Payback period years

May 21 2020 View more View Less

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