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Business, 04.01.2020 03:31 tassion3

Acompany is considering purchasing a machine for $21,000. the machine will generate an after-tax net income of $2,000 per year. annual depreciation expense would be $1,500. what is the payback period for the new machine? a. 4 years. b. 6 years. c. 10.5 years. d. 14 years. e. 42 years.

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