What is the payback period for a project

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Question: What is the payback period for a project with an initial investment of $150,000 that provides an annual cash inflow of $20,000 for the first three years and $30,000 per year for years four through eight? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132031274

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