Find the payback period of the investment

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Question - Scottso has an investment opportunity costing $300,000 that is expected to yield the following cash flows over the next six years: Year One $75,000 Year Two $90,000 Year Three $115,000 Year Four $130,000 Year Five $100,000 Year Six $90,000. Find the payback period of the investment.

Reference no: EM133055792

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