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16. A $200,000 investment with a zero scrap value has an 16-year life. Compute the payback period if straight-line depreciation is used and net income

16. A $200,000 investment with a zero scrap value has an 16-year life. Compute the payback period if straight-line depreciation is used and net income is determined to be $40,000. 3.81 years. 8.00 years. 5.00 years. 13.33 years

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