Question: A firm purchases a server for $ 7 , 0 0 0 . The server is expected to increase the firm's cash flows by $

A firm purchases a server for $7,000. The server is expected to increase the firm's cash flows by $5,000, $6,000, $8,000 and $10,000 over a four-year period, respectively. What is the payback period of the server?

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