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Food Harvesting Cooporaton is considering purchaing a machine for $1,629.750. The machine is expected to generate a constant after:tax income of 502.025 per yeat for

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Food Harvesting Cooporaton is considering purchaing a machine for \$1,629.750. The machine is expected to generate a constant after:tax income of 502.025 per yeat for t5 yeas. The firm will use straight-4ine (5L) depreciation for the new machine over to years with no residual value. What is the peyback period for the new machine? (Round your answet to two decimal places)

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