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"Assume a $4,000 investment and the following cash flows for two alternatives. YEAR INVESTMENT X INVESTMENT Y 1 1,000 1,300 2 800.00 2,800 3 700.

"Assume a $4,000 investment and the following cash flows for two alternatives.

YEAR INVESTMENT X INVESTMENT Y
1 1,000 1,300
2 800.00 2,800
3 700.00 100.00
4 1,900 ______
5 2,000 ______

-under the payback method, which investment should be chosen? (show work)
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payback.xlsx

YEAR INVESTMENT X INVESTMENT Y
1 1,000 1,300
2 800.00 2,800
3 700.00 100.00
4 1,900 ______
5 2,000 ______
-under the payback method, which investment should be chosen? (show work)
Answer: Year
0
1...

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