answer fast I'll give thumbs up Acme, Inc. is considering a four-year...
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Acme, Inc. is considering a four-year project that has an initial outlay or cost of $80,000. The respective future cash inflows for years 1, 2, 3 and 4 are: $30,000, $40,000, $50,000 and $60,000. What is the payback period without discounting cash flow? (answer in years, round to two decimal places)
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