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17 < > Lynch Pin in Learning is considering investing $339,000 in equipment to expand their operation. They anticipate this investment will save them $67,800

17 < > Lynch Pin in Learning is considering investing $339,000 in equipment to expand their operation. They anticipate this investment will save them $67,800 per year for each of the 8 years of its useful life. What will be the payback for this investment? Amount Invested / Expected annual net cash inflow = Payback (Years)

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