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Purvell Corporation has just acquired a now machine with the following characteristics (ignore income taxes) The company uses straight-ine depreciation and a $5,000 salvage value.

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Purvell Corporation has just acquired a now machine with the following characteristics (ignore income taxes) The company uses straight-ine depreciation and a $5,000 salvage value. Assume cash flows occur undormly throughout a year except for the initial investment and the salvage at the end of the project The paybock period is ciosest to: The payback period is closest to: Mulpiple Choice 80 yours 333 years 2.9 years 30 years

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