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If a pumping equipment costs $15,000 to install and the savings are $180 each month, what is the payback period for this investment? 6.9 years

If a pumping equipment costs $15,000 to install and the savings are $180 each month, what is the payback period for this investment? 6.9 years 4.9 years 3.9 years O 5.9 years

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