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Carla VistaSpecialties just purchased inventory-management computer software at a cost of $1,241,950. Cost savings from the investment over the next six years will produce the
Carla VistaSpecialties just purchased inventory-management computer software at a cost of $1,241,950. Cost savings from the investment over the next six years will produce the following cash flow stream: $146,340, $263,240, $296,600, $526,250, $720,320, and $565,740. What is the payback period on this investment?
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