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A new Xerox copier costing $400,000 has a life of 5 years with no salvage value. The facility will generate the following annual cash flows:
- A new Xerox copier costing $400,000 has a life of 5 years with no salvage value. The facility will generate the following annual cash flows:
| Year | Cash Flows |
| 1 | $120,000 |
| 2 | $200,000 |
| 3 | $100,000 |
| 4 | $240,000 |
| 5 | $280,000 |
Compute the payback period.
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College Mathematics For Business Economics, Life Sciences, And Social Sciences
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
14th Edition
0134674146, 978-0134674148
