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You are the Director of HIM. You have received permission to investigate purchasing new scanners for the department. You need to calculate the payback period

You are the Director of HIM. You have received permission to investigate purchasing new scanners for the department. You need to calculate the payback period for this purchase. The scanners cost $20,000. You expect it will save $2800 per year. Calculate the payback period for the new scanners. Round to 2 decimals

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