Compute the payback period for product

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Compute the payback period for product X and product Y. Based on the payback period, which alternative would you select? (Assume a $200,000 investment)

Year                    Product X                 Product Y

1                            $60,000                     $40,000

2                              90,000                        70,000

3                              50,000                        80,000

4                              40,000                        20,000

Product X = _________________

Product Y =   _________________

Reference no: EM13951675

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