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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