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John Browning recently invested in a project that has an expected annual cash inflow of $7,000 for 10 years, and an expected payback period of 3

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John Browning recently invested in a project that has an expected annual cash inflow of $7,000 for 10 years, and an expected payback period of 3.6 years. How much did John invest in the project?

                   a. $19,444

1. 1. 2. $36,000
      3. $25,200
      4. $40,000