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A company is considering purchasing a machine for $ 8 5 , 0 0 0 . The machine is expected to generate annual income of
A company is considering purchasing a machine for $ The machine is expected to generate annual income of $ per year. Depreciation expense would be $ per year. What is the payback period for this machine?
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The payback period for this machine is approximately 46 years Heres how we can calculate it 1 Calcul...
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Contemporary Engineering Economics
Authors: Chan S. Park
5th edition
136118488, 978-8120342095, 8120342097, 978-0136118480
