How long does it take to recover the investment

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A 10-year project requires an initial investment of $600,000, of which $50,000 will be recovered at the end of the project. The annual flows would be $100,000 for years 1 to 4 and $80,000 per year for the remaining 6 years. How long does it take to recover the investment?

Reference no: EM133120014

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