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Your initial investment is $200,000. The annual maintenance costs for each of the next 5 years is $10,000. Cash Inflows are: Year 1: -0- ;
Your initial investment is $200,000. The annual maintenance costs for each of the next 5 years is $10,000. Cash Inflows are: Year 1: -0- ; Year 2: $20,000; Year 3: $30,000; Year 4: $50,000; Year 5: $100,000
Required: Compute the payback period
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