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A company with $855,000 in operating assets is considering the purchase of a machine that costs $89,000 and which is expected to reduce operating costs

A company with $855,000 in operating assets is considering the purchase of a machine that costs $89,000 and which is expected to reduce operating costs by $21,000 each year. These reductions in cost occur evenly throughout the year. The payback period for this machine in years is closest to (ignore income taxes.) (Round your answer to 1 decimal place.) Multiple Choice O 42 years 9.6 years 0.24 years 40.7 years
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4 yees 36men deynos

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