Investment project provides cash inflows

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Reference no: EM131321350

An investment project provides cash inflows of $950 per year for eight years. (Do not round intermediate calculations. Enter 0 if the project never pays back. Round your answers to 2 decimal places (e.g., 32.16).)

Requirement 1: What is the project payback period if the initial cost is $3,450?

Requirement 2: What is the project payback period if the initial cost is $4,500?

Requirement 3: What is the project payback period if the initial cost is $8,600?

Reference no: EM131321350

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