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  • 22-11-2022
  • Business
contestada

5. B Company is considering the purchase of a piece of equipment that costs
$23,000. Projected net annual cash flows over the project's life are:
Year
1
2
3
4
Net Annual Cash Flow
$3,000
$ 8,000
$15,000
$4 9,000
Find the payback period?

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