[Solved] 66. Calculate the payback period with the

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66. Calculate the payback period with the following information? a. Equipment cost - $600,000 and has a five-year life b. Profit(loss) i. Year 1 -

66. Calculate the payback period with the following information? a. Equipment cost - $600,000 and has a five-year life b. Profit(loss) i. Year 1 - 50,000 ii. Year 2 - $150,000 iii. Year 3 - $250,000 iv. Year 4 - $300,000 v. Year 5 - $350,000

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