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Calculate the discounted payback period

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A project has an initial cost of $700. Incremental cashflows are estimated to be $170 each year for 6 years. Using a discount rate of 8%, calculate the discounted payback period

4.7 yrs

5.1 yrs

5.2 yrs

5.7 yrs

6 yrs

Reference no: EM133109530

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