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1.2 Calculate the payback period. (Answer in years, months and days). Casio Limited is considering investing in new machinery and the following information is available:

image text in transcribed 1.2 Calculate the payback period. (Answer in years, months and days).

Casio Limited is considering investing in new machinery and the following information is available: Additional Information: - The cost of the investment is R300000 - Cost of capital =12% - There is no scrap value

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