Compute the discounted payback period with an investment

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Question 1: Compute the discounted payback period with an investment that will cost $70,000 and a cost of capital of 12% with the following cash flows. Please round your answer to two decimal places. Use the textbook for the present value factors. Round the present value factors to three decimal places.

Year Cash Flow

1 $30,000

2 $35,000

3 $25,000

4 $30,000

Reference no: EM132611254

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