Question: Fuji Software, Inc., has the following mutually exclusive projects. A CF0 -24,000 CF1 12,000 CF2 10,500 CF3 3,300 Calculate the payback period for the project

Fuji Software, Inc., has the following mutually exclusive projects. A CF0 -24,000 CF1 12,000 CF2 10,500 CF3 3,300 Calculate the payback period for the project in years. (Type in only number in the blank. Use 2 decimal spaces and be careful with your rounding!!!)

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