Question: Problem 10-05 Payback A project has an initial cost of $59,600, expected net cash inflows of $12,000 per year for 8 period? Round your answer

Problem 10-05 Payback A project has an initial cost of $59,600,

Problem 10-05 Payback A project has an initial cost of $59,600, expected net cash inflows of $12,000 per year for 8 period? Round your answer to two decimal places. years

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