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Find the Discounted Payback period for the following project. The discount rate is 7%

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Find the Discounted Payback period for the following project. The discount rate is 7%

Project X

Initial Outlay $16,772

Year 1 $5,360

Year 2 $5,349

Year 3 $5,762

Year 4 $8,029

Round the answer to two decimal places.

 
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