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Fresh Water Fresh Water Enterprises is looking at purchasing a new machine for $75,000. The Controller projects the machine will generate revenue of $25,000 per
Fresh Water 
Fresh Water Enterprises is looking at purchasing a new machine for $75,000. The Controller projects the machine will generate revenue of $25,000 per year for the next 9 years. What is the payback period for the new equipment? 3.00 years O 6.77 years 4.00 years 5.16 years
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