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Find the Discounted Payback period for the following project. The discount rate is 7% ————- Project X Initial Outlay: $8,810 Year1: $3,018

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

————- Project X

Initial Outlay: $8,810

Year1: $3,018

Year 2: $3,787

Year 3: $5,109

Year 4: $7,923

Round the answer to two decimal places.

 
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