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Required information [The following information applies to the questions displayed below.) Project A requires a $395,000 initial Investment for new machinery with a five-year life

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Required information [The following information applies to the questions displayed below.) Project A requires a $395,000 initial Investment for new machinery with a five-year life and a salvage value of $37.000. The company uses straight-line depreciation. Project A is expected to yleld annual net income of $26,100 per year for the next five years. Compute Project A's payback period. Payback Porlod Choose Numerator: Choose Denominator Payback Period Payback period 0

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