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ABB purchased fieldbus communication equip- ment for a project in South Africa for $3.15 mil- lion. The net cash flow is estimated at $500,000 per

ABB purchased fieldbus communication equip- ment for a project in South Africa for $3.15 mil- lion. The net cash flow is estimated at $500,000 per year, and a salvage value of $400,000 is antici- pated regardless of when it is sold. Determine the number of years the equipment must be used to obtain payback at MARR values of 0% and 8% per year

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