Question: What is the payback period for the following set of BASIC cash-flows? Year Cash Flow 0.................... -$7,600 1...................... 1,900 2...................... 2,900 3...................... 2,300 4..................... 1,700
What is the payback period for the following set of BASIC cash-flows?
Year Cash Flow
0.................... -$7,600
1...................... 1,900
2...................... 2,900
3...................... 2,300
4..................... 1,700
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