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2. ABB purchased fieldbus communication equipment for a project in South Africa for $3.15 million. The net cash flow is estimated at $500,000 per year,

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2. ABB purchased fieldbus communication equipment for a project in South Africa for $3.15 million. The net cash flow is estimated at $500,000 per year, and a salvage value of $400,000 is anticipated regardless of when it is sold. Determine the number of years the equipment must be used to obtain payback at MARR values of sle : (a) 0% and 8% per year and (b) 15% and 16% per year. Use Excel Function. 2. ABB purchased fieldbus communication equipment for a project in South Africa for $3.15 million. The net cash flow is estimated at $500,000 per year, and a salvage value of $400,000 is anticipated regardless of when it is sold. Determine the number of years the equipment must be used to obtain payback at MARR values of sle : (a) 0% and 8% per year and (b) 15% and 16% per year. Use Excel Function

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