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Project payback period

An investment project gives cash inflows of $690 per year for eight years. What is the project payback period when the initial cost is $1,875? What if the initial cost is $3,650? What if it is $5,600?

**Question1**. What is the project payback period when the initial cost is $1,875?

**Question2**. What is the project payback period when the initial cost is $3,650?

**Question3**. What is the project payback period when the initial cost is $5,600?

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## Q : Equity multiplier and return on equity

Starting next year, you will require $10,000 annually for 4 years to complete your education. (One year from today you will withdraw the first $10,000.)