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The equipment would cost $2,200,000. The annual cash inflows from the new truck are expected to be $440,000 per year. The equipment has a ten-year

The equipment would cost $2,200,000. The annual cash inflows from the new truck are expected to be $440,000 per year. The equipment has a ten-year useful life. You are required to advise on the number of years that it will take to recover the cost of the investment

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