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ABC Company is going to invest in a new router machine. The down payment for this machine is $200,000. The expected cash inflows are anticipated

ABC Company is going to invest in a new router machine. The down payment for this machine is $200,000. The expected cash inflows are anticipated to be as follows:

Year 1 $20,000

Year 2 $70,000

Year 3 $110,000

Year 4 $200,000

Year 5 $400,000

What is the payback period if they choose to purchase this machine?

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