Question: The Blue Goose is considering a project with an initial cost of $42,000 The project will produce cash inflows of $8000 a year for the

The Blue Goose is considering a project with an initial cost of $42,000 The project will produce cash inflows of $8000 a year for the first 2 years and $12,000 a year for the next 3 years. What is the payback period?

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