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Estimate the payback period is

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Question 1: A company is considering the purchase of a new piece of equipment for 90000. Predicted annual cash inflows from this investment are 36,000, 30000, 18000, 12000, and 6000. the payback period is

Option 1: 4.50 years

Option 2: 4.25 years

Option 3: 3.50 years

Option 4: 3.00 years

Option 5: 2.50 years

Reference no: EM132508956

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