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Find what is the machine payback period

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Reference no: EM132585954

Question 1: RNX Inc. purchased a machine for $40,000 which will save the company approximately $16,000 in even cash flows per year. What is the machine's payback period?

a) 5 years

b) 3 years

c) 2.5 years

d) 3.6 years

Reference no: EM132585954

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