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It will cost $8,500 to acquire an ice-cream cart that is expected to produce cash inflows of $3,600 a year for three years

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It will cost $8,500 to acquire an ice-cream cart that is expected to produce cash inflows of $3,600 a year for three years. After the three years, the cart is expected to be worthless. Find the payback period. 2.67 vears 2.25 years 2.36 years 1.98 years 3.12 years