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It will cost $55,988 to acquire a small ice cream truck. Truck sales are expected to be $15,000 a year for 8 years. After 8

It will cost $55,988 to acquire a small ice cream truck. Truck sales are expected to be $15,000 a year for 8 years. After 8 years, the truck is expected to be worthless as that is the expected remaining life of the cooling system. What is the discounted payback period of the ice cream truck if the discount rate is 6%?

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