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A machine can be purchased for $110,000 and used for five years, ylelding the following Income. This income computation includes annual depreclation expense of $22,000.
A machine can be purchased for $110,000 and used for five years, ylelding the following Income. This income computation includes annual depreclation expense of $22,000. Compute the machine's payback perlod. (Round payback perlod answer to 2 decimal places.)
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