Illustrate what is the discounted payback period

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An investment project costs $21,500 and has annual cash flows of $4,200 for 6 years. If the discount rate is 20 percent, what is the discounted payback period?

Reference no: EM13125750

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Illustrate what is the discounted payback period : An investment project costs $21,500 and has annual cash flows of $4,200 for 6 years. If the discount rate is 20 percent, illustrate what is the discounted payback period?
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