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Assume that ABC company invested in a new building $ 1,800,000. Annual cash inflows are expected to increase by $250,000 per year. The equipment has

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Assume that ABC company invested in a new building $ 1,800,000. Annual cash inflows are expected to increase by $250,000 per year. The equipment has a 10-year useful life. What is the payback period? Select one: a. 10.00 years b. 5.80 years c.7.20 years d. 7.40 years

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