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A business requires a maximum payback period of 6 years. The expected profits from a $ 8 0 , 0 0 0 investment are $

A business requires a maximum payback period of 6 years. The expected profits from a $80,000 investment are $9,000 in the first year, $15,000 for each of years 26.
a) Will the business proceed with its investment?
b) How many years before the business investment breaks even?

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