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An investment of $1,000 with annual benefits of $200 per year for the first four years of its life and $100 per year for the next three years of its life has a payback period of: O 5 years 5

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An investment of $1,000 with annual benefits of $200 per year for the first four years of its life and $100 per year for the next three years of its life has a payback period of: O 5 years 5.5 years O 6 years O 7 years

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