Estimate what is the project payback period

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Reference no: EM132554554

A company is considering the purchase of a copier that costs RM50,000. Assume the required rate of return is 10% and the following is the cash flow schedule:

Year 1: RM20,000

Year 2: RM30,000

Year 3: RM20,000

Question 1: Estimate What is the project's payback period?

Reference no: EM132554554

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