A $30,000 investment yields a five-year net cash inflow stream of $9,000, $5,500, $10,000, $8,000,...
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Accounting
A $30,000 investment yields a five-year net cash inflow stream of $9,000, $5,500, $10,000, $8,000, and $10,500 in years 1-5 respectively. Calculate the payback period.
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