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3. A combine harvester costs $130,000. Following information is provided for its annual net cash flows. Also, note the running total column. Based on this

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3. A combine harvester costs $130,000. Following information is provided for its annual net cash flows. Also, note the running total column. Based on this information, what is the payback period of this combine harvester? (5 points) Table 4.1. Payback period with uneven set cash flow Anual net cash flow Running tool $30,000 $30,000 Year 1 2 30,000 3 5 30.000 20,000 20,000 20.000 20.000 60.000 90.000 110.000 130.000 150.000 170,000 190.000 5 2 30.000

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