Investment project provides cash inflows

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An investment project provides cash inflows of $1,375 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).)

What is the project payback period if the initial cost is $12,000?

Payback period in years is?     years

Reference no: EM131875287

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