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Ataxia Fitness Center is considering an investment in some additional welght training equipment. The equipment has an estimated useful life of 4 years with no
Ataxia Fitness Center is considering an investment in some additional welght training equipment. The equipment has an estimated useful life of 4 years with no salvage value at the end of the 4 years. Ataxla's Internal rate of return on this equipment is 4%. Ataxia's discount rate is also 4%. The payback period on this equipment is closest to (Ignore Income taxes.): Click here to view Exhibit 148-1 and Exhibit 14B-2 to determine the appropriate discount factor(s) using the tables provided. Multiple Choice o 4730 years 2 years 4 years 3.630 years
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