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a manufacturing corporation is considering investing in a new piece of equipment for $1550000 that will provide annual cash flow as follows year1 435000 year

a manufacturing corporation is considering investing in a new piece of equipment for $1550000 that will provide annual cash flow as follows

year1 435000
year 2 545000
year 3 510000
year 4 480000
year 5 550000

calculate the cash payback period

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