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How long will it for Bill to recoup his initial investment

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Question - Long-term investment decision, payback method Personal Finance Problem - Bill Williams has the opportunity to invest in project A that costs $6,200 today and promises to pay $2200, $2500, $2500, $1900 and $1700 over the next 5 years. How long will it take for Bill to recoup his initial investment in project A?

Reference no: EM133027304

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