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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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