ECONOMICS

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COST ACCOUNTING

CAPITAL BUDGETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Determine the payback period for a RM20, 000 project that is expected to return RM6, 000 for the first two years and RM3, 000 for years 3 through 5.
A
3.5 years
B
4.5 years
C
4.67 years
D
5 years
Explanation: 
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