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Saved Help Required information (The following information applies to the questions displayed below.) Project A requires a $420,000 initial Investment for new machinery with a

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Saved Help Required information (The following information applies to the questions displayed below.) Project A requires a $420,000 initial Investment for new machinery with a five-year life and a salvage value of $42,500. The company uses straight-line depreciation. Project A is expected to yield annual net income of $28,700 per year for the next five years. Compute Project A's payback period. Choose Numerator: Payback Period 1 Choose Denominator: Payback Period Payback period

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