What is the payback period

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Reference no: EM133590257

Problem: You've been asked to prepare a cash flow analysis for the project your selection committee is considering assigning to your project tram. The project cost is $148,000. The expected inflows are $80,000 the first year, $15,000 per quarter the second year, and $8,000 per quarter thereafter. What is the payback period?

Reference no: EM133590257

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