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Calculate the cash payback period

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Reference no: EM132990813

Question 1: West End Co. is considering an investment in a new project. The project would have an initial start-up fee of $260,000. The company will incur $20,000 of additional cash expenses each year due to the project, but will earn income of $42,000. Calculate the cash payback period, rounding answers to two decimal places.

Reference no: EM132990813

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