Question: If a project costs $ 9 0 comma 0 0 0 and is expected to return $ 2 0 comma 0 0 0 annually ,

If a project costs $90 comma 000 and is expected to return $20 comma 000annually, how long does it take to recover the initial investment? What would be the discounted payback period at iequals10%? Assume that the cash flows occur continuously throughout the year.

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