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Westland Manufacturing spends $ 2 0 , 0 0 0 to update the lighting in its factory to more energy - efficient LED fixtures. This
Westland Manufacturing spends $ to update the lighting in its factory to more energyefficient LED fixtures. This will save the company $ per year in electricity costs. The company estimates that these fixtures will last for years. If the companys cost of funds is what is the discounted payback period of this project?
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