Lets assume instead that the annual cash flows are 380000, Finance Basics

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Lets assume instead that the annual cash flows are 380000

Let's assume instead that the annual cash flows are $380,000 for the first two years and then $300,000 for the remaining years. What would be the project's payback period in this scenario? The initial project cost is $800,000. Show how you calculated it.

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Finance Basics: Lets assume instead that the annual cash flows are 380000

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