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complete the following Project Y requires a $313,500 investment for new machinery with a six-year life and no salvage value. The project yields the following

complete the following

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Project Y requires a $313,500 investment for new machinery with a six-year life and no salvage value. The project yields the following annual results. Cash flows occur evenly within each year. (PV of $1, FV of $1, PVA of $1, and FVA of $1 ) (Use appropriate factor(s) from the tables provided.) 2. Determine Project Y's payback period

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