Question: If a project costs $ 1 2 0 0 0 0 and is expected to return $ 2 4 0 0 0 annually , how

If a project costs $120000 and is expected to return $24000annually, how long does it take to recover the initial investment? What would be the discounted payback period at i=10%? Assume that the cash flows occur continuously throughout the year.
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Part 1
The payback period is
enter your response here years.

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