A project has estimated annual net cash flows a $46,000. It is estimated to cost...
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Accounting
A project has estimated annual net cash flows a $46,000. It is estimated to cost 385,000 dollars. Determine the cash payback. Round your answer to 1 decimal point.
A. 4.2 years
B. 6.9 years
C. 8.4 years
D. 8.8 years
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