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MC Qu. 10-41 Mr. J's Bagels invested in a new oven... d in a new oven for $14,000. The oven reduced the amount of time

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MC Qu. 10-41 Mr. J's Bagels invested in a new oven... d in a new oven for $14,000. The oven reduced the amount of time for baking which increased production and sales for five years by the following amounts of cash inflows: ear ear $8,000 $6,00 $5,e00 $6,ee0 $5,ee0 Using the averaging method, the payback period for the investment in the oven would be: Multiple Choice 5.0 years. 0

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