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A new process to manufacture a certain type of product will have an initial cost of $ 35,000, with annual costs of $ 17,000. The
A new process to manufacture a certain type of product will have an initial cost of $ 35,000, with annual costs of $ 17,000. The additional revenue associated with the new process is expected to be $ 22,000 per year. What is the payback period with a TREMA = 10%,
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