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⟩ In a cost/benefit analysis, which of the following formula are correct?

1. Payback period = total cost of investment / estimated annual revenue

2. Payback period = annual cost of investment * estimated annual revenue

3. Payback period = annual cost of investment / estimated total income

4. Payback period = total cost of investment * estimated annual revenue

Payback period = total cost of investment / estimated annual revenue

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