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$7 please help! Assume that a company is considering buying a new piece of equipment for $250,000 that would have a useful life of five

$7 please help!

image text in transcribedimage text in transcribed Assume that a company is considering buying a new piece of equipment for $250,000 that would have a useful life of five years and a salvage value of $30,000. The equipment would generate the following estimated annual revenues and expenses: What is the payback period for this investment? Multiple Choice 2.20 years 2.50 years 4.46 years Mltiple Choice 2.20 years 2.50 years 4.46 years 3.20 years

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