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Calculate the projects payback period in years

A particular project requires an initial investment of $10,000 and is expected to generate future cash flows of $4,000 for Year 1 and $3,000 for years 2 through 5.

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Calculate the project's payback period in years. If required, round to the nearest whole year.

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## Q : What is the percent change in per-unit profit contribution

A product at the Wagon company enjoyed reasonable sales volume, but its contributions to profits were disappointing. Last year; 17,500 units were produced and sold.