Find the discounted payback period for the following project. The discount rate 8%. Project X Initial Outlay
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Question:
Find the discounted payback period for the following project. The discount rate 8%.
Project X
Initial Outlay $17,023
Year 1: $5,136
Year 2: $5,073
Year 3: $5,625
Year 4: $8,037
Round the answer to two decimal places.
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