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Use the table for the question(s) below.
Consider a project with the following cash flows:
-Assume the appropriate discount rate for this project is 15%.The payback period for this project is closest to:
Triangle
A geometric shape consisting of three sides and three angles.
Gold
A yellow precious metal, highly valued for its rarity, durability, and shiny luster, used for currency, jewelry, and other art objects.
Pencil
A writing instrument made of a narrow, solid pigment core encased in a protective casing that prevents the core from being broken and marks from being made on the user's hand.
Concepts
Mental representations that organize and categorize the world around us, allowing individuals to understand and interact with their environment intelligently.
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