Project A requires a $320,000 initial investment for new machinery. Project A is expected to yield income of $22,200 per year and net cash flow
Project A requires a $320,000 initial investment for new machinery. Project A is expected to yield income of $22,200 per year and net cash flow of $79.600 per year for the next five years. Compute Project A's payback period. Payback Period Numerator: Denominator: = Payback Period = Payback period
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