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Project A requires a $430,000 initial investment for new machinery. Project A is expected to yield income of $22,300 per year and net cash
Project A requires a $430,000 initial investment for new machinery. Project A is expected to yield income of $22,300 per year and net cash flow of $101,000 per year for the next five years. Compute Project A's payback period. Payback Period Numerator: I Denominator: Payback Period = Payback period =
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