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Find the discounted payback period for the following project. The discount rate is 10%

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Find the discounted payback period for the following project. The discount rate is 10%

Project X
Initial Outlay $17,846
Year 1 $5,711
Year 2 $5,499
Year 3 $5,943
Year 4 $8,584
Round the answer to two decimal places

 
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