Question: The initial investment for a project is 2 . 0 million QR . A net annual profit of 1 5 0 , 0 0 0

The initial investment for a project is 2.0 million QR. A net annual profit of 150,000 QR is anticipated. Using a 10% desired rate of return on the investment, What is the payback period for the project? Select one:-

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