question archive Question 1) Find the Payback period for the following project: Project X Initial Outlay $8,050 Year 1 $3,810 Year 2 $3,830 Year 3 $3,960 Year 4 $6,830 The answer should be calculated to two decimal places
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Question 1) Find the Payback period for the following project:
Project X
Initial Outlay $8,050
Year 1 $3,810
Year 2 $3,830
Year 3 $3,960
Year 4 $6,830
The answer should be calculated to two decimal places.
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