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Business, 16.12.2019 20:31 steven122048i

Brady corp. is considering the purchase of a piece of equipment that costs $20,000. projected net annual cash flows over the project’s life are: year net annual cash flow 1 $ 3,000 2 8,000 3 18,000 4 9,000 the cash payback period is group of answer choices
a. 2.50 years.
b. 2.31 years.
c. 2.29 years.
d. 2.40 years.

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