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Business, 26.11.2020 22:50 itsjdotc

Calculate the payback period for the following investment: A machine costs $100,000 with installation costs of $15,000. Cash inflows are expected to be 26,000 per year for the next seven years. greater than A. 6 years.
B. 3.85 years
C. 5 years
D. 4.42 years

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