Question: l Instructions: In this section, please show all calculations. Partial credit will be given when your calculations are shown and they are completed correctly wherever

l Instructions: In this section, please show all calculations. Partial credit will

Instructions: In this section, please show all calculations. Partial credit will be given when your calculations are shown and they are completed correctly wherever possible, 31.- 33. A firm is evaluating a capital budgeting proposal which has an initial investment at t of $75,000 0 This project has the following has inflows: $30,000 in Year 1; $35,000 in Year 2: and $15,000 in Year 3. What is the payback period for this project

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