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ʎddɐɥ ʎddɐɥ
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7 years ago
Premier Financial wants to open an investment planning office with an investment of $35,000. Premier believes that the cash inflows would grow each year as follows:
   First year   $10,000
   Second year   15,000
   Third and subsequent years   20,000

REQUIRED:
Calculate the payback period for the investment planning office.
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mourningbirdmourningbird
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7 years ago
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