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the net initial investment for a new mainframe computer is 2,000,000 annual cash flows are expected to increase by 800,000 per year. The equipment has
the net initial investment for a new mainframe computer is 2,000,000 annual cash flows are expected to increase by 800,000 per year. The equipment has a 10-year useful life. What is the payback period?
A) 4 years
B) 2.50 years
C) 2 years
D) 1.75 years
E) 0.75 years
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