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A road paving equipment costs $25,000. Each year this machine is in service, it generates a savings of $15,000. If the market interest rate is
A road paving equipment costs $25,000. Each year this machine is in service, it generates a savings of $15,000. If the market interest rate is 18%, what is the discounted payback period for this investment?
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Cases In Auditing
Authors: Josephine Maltby
2nd Edition
1853963127, 978-1853963124
