Question: Compute the payback period and round your answer to the hundreds place. Year Net Income per year Year 1 2 , 1 4 4 Year

Compute the payback period and round your answer to the hundreds place. Year Net Income per year
Year 12,144
Year 23,531
Year 35,133
Year 46,113
Year 510,243
Year 610,500
Year 712,546
Year 812,600
Year 912,600
Year 1012,600
Initial Investment $155,000
Life in years 10

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