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Business, 20.03.2020 04:36 jazzy76783

The net initial investment for a piece of construction equipment is $ 2 comma 400 comma 000. Annual cash inflows are expected to increase by $ 600 comma 000 per year. The equipment has an 6minusyear useful life. What is the payback period?

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The net initial investment for a piece of construction equipment is $ 2 comma 400 comma 000. Annual...
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