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Management of Durnacol industries has to choose two machines namely X Nd Y. Questionare as follows: 1.Calculate the payback period for machine Y (years ,months,and

Management of Durnacol industries has to choose two machines namely X Nd Y.

Questionare as follows:

1.Calculate the payback period for machine Y (years ,months,and days). 2. CALCULATE the net present value (npv) for each machine (round off amounts to the nearest rand). 3.advise management based on your answer in question 2 above.

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