A new machine costing ($ 60,000) will result in the following net cash inflows. The desired rate
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A new machine costing \(\$ 60,000\) will result in the following net cash inflows. The desired rate of return on investment is 10 percent.
{Required:}
1) Compute the payback period for the investment (ignore the time value of money).
2) Compute the payback period for the investment (consider the time value of money).
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