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5) (15 pts.) A $50,000 will save a company $12,000/year. A $60,000 machine will save $13,000/year. If the payback period method is used to

5) (15 pts.) A $50,000 will save a company $12,000/year. A $60,000 machine will save $13,000/year. If the payback period method is used to make the choice, which machine should be picked?

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