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Builtrite is considering the purchase of a machine with the following cash flow diagram: year 0 spend $50,000 year 1 $30,000 year 2 $15,000 year

Builtrite is considering the purchase of a machine with the following cash flow diagram: year 0 spend $50,000 year 1 $30,000 year 2 $15,000 year 3 $20,000 year 4 $20,000 What is the payback period?

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