An investment project provides cash inflows of 404 per year


Question: An investment project provides cash inflows of $404 per year for eight years. What is the project payback period if the initial cost is $2388? (Enter 0 if the project never pays back. Round your answer to 2 decimal places. (e.g., 32.16))

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Finance Basics: An investment project provides cash inflows of 404 per year
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