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(4) A company plans to invest $26,000 in new equipment. The estimated cash outflows and inflows are shown below. What is the simple payback period

(4) A company plans to invest $26,000 in new equipment. The estimated cash outflows and inflows are shown below. What is the simple payback period for this proposal investment? End of Year (EOY) Expected cash flows (S) 0 1 2-7 8-12 12 -18,000 -8,000 8,000 12,000 13,000 aher

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