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  3. a project has estimated annual net cash flows a $4

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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