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A machine can be purchased for $218,000 and used for five years, yielding the following net incomes. In projecting net incomes, double-declining depreciation is applied,

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A machine can be purchased for $218,000 and used for five years, yielding the following net incomes. In projecting net incomes, double-declining depreciation is applied, using a five-year life and a zero salvage value. Compute the machine's payback period(ignore taxes)

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