Question: PTK is seeking to make an investment of $50,000 If the cash flows are...
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PTK is seeking to make an investment of $50,000 If the cash flows are expected to be $15,000 over the next five years If the discount rate is 8% what is the discounted payback? (round to the hundredth)
what formula do I use?
Please do not copy form chegg. Otherwise I have to report the answer.
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