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Business, 16.07.2019 21:30 TakeNotes

Becker industries is considering investing in new navigation system equipment for its trucking fleet. the initial investment is $180,000 and is expected to result in unequal net cash flows over the next 8 years. the equipment is expected to have a salvage value of $20,000 at the end of its useful life. calculate the payback period assuming the following net cash inflows:

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