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A company is considering purchase of a machinery costing OMR 45,000, It has a life of 3 years and its expected profit after tax are

A company is considering purchase of a machinery costing OMR 45,000, It has a life of 3 years and its expected profit after tax are OMR 15,000, OMR 20,000 and 30,000 respectively. Find out the payback period of the Machinery

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