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Project A requires a $445,000 initial investment for new machinery. Project A is expected to yield income of $28,700 per year and net cash flow

image text in transcribed Project A requires a $445,000 initial investment for new machinery. Project A is expected to yield income of $28,700 per year and net cash flow of $109,100 per year for the next five years. Compute Project A's payback period

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