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Posted on Jul 16, 2024

a manufacturing corporatiin is considering investing in a new peiece of equipment for 1,550,000 SR that will provide annual cash flows as follows in SR:

year 1: 435,000

year 2: 545,000

year 3: 510,000

year 4: 480,000

year 5: 550,000

calculate the cash payback period

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