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An engineering firm plans to buy new software to improve efficiency. The software has an initial cost of $14,000, and is expected to increase profit

An engineering firm plans to buy new software to improve efficiency. The software has an initial cost of $14,000, and is expected to increase profit by $2,000 per year. Determine the payback period for the software including the effect of interest using an MARR of 7%. Express your answer in years to the nearest whole year.

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