Question: The Blue Goose is considering a project with an initial cost of 42,700. The project will produce cash inflows of 8,000 a year for the

The Blue Goose is considering a project with an initial cost of 42,700. The project will produce cash inflows of 8,000 a year for the first two years and 12,000 a year for the following three years. What is the payback period?

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