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.. EB3. LO 11.2 A restaurant is considering the purchase of new tables and chairs for their dining room with an initial investment cost of

.. EB3. LO 11.2 A restaurant is considering the purchase of new tables and chairs for their dining room with an initial investment cost of $515,000, and the restaurant expects an annual net cash flow of $103,000 per year. What is the payback period

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