Question: The payback period for a project, requiring an initial outlay of $10.000 and producing ten uniform annual cash inflows of $1.500, is a. seven years

The payback period for a project, requiring an initial outlay of $10.000 and producing ten uniform annual cash inflows of $1.500, is

a. seven years

b. six years and eight months

c. six years and six months

d. six years

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