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A company uses a MARR of 10% and wants to evaluate three projects with useful lives of five years. How long is the payback period

A company uses a MARR of 10% and wants to evaluate three projects with useful lives of five years. How long is the payback period for alternative C?

A B C

Initial cost $600 $500 $200

Flat annual benefit 158.3 138.7 58.3

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