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O b. $482.22 c $62.81 d-$116.44 Oe. None of the above QUESTION 28 3 points Save Answer Consider an investment with an initial cost of
O b. $482.22 c $62.81 d-$116.44 Oe. None of the above QUESTION 28 3 points Save Answer Consider an investment with an initial cost of $15,000 and is expected to last for 5 years. The expected cash flow in years 1 and 2 are $5,000, in years 3 and 4 are $5500 and in year 5 is $1,000. Compute the payback period in years a. 2.91 years b. 3.37 years Oc. 3.81 years o d.4.22 years e 453 QUESTION 29 3 points Save Answer You spent $500 last week fixing the transmission in your car. Now, the brakes are acting up and you are trying to decide whether to fix them or trade the car in for a newer model. In analyzing the brake situation, the $500 you spent fixing the transnaission is a(n) cost
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