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13 Question 13 6 pts Binder Corp has invested in new machinery at a cost of $1,450,000. This investment is expected to produce canh tows
13 Question 13 6 pts Binder Corp has invested in new machinery at a cost of $1,450,000. This investment is expected to produce canh tows of $640,000, $735,250, $823,330, and $907, 125 over the next four years. What is the payback period for this project? (Round your answer to two decimal places.) 2,12 years 4.00 years 3.00 years 2.09 years
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