A company can purchase a piece of equipment for $3,180.The equipment has a three-year life and will

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A company can purchase a piece of equipment for $3,180.The equipment has a three-year life and will produce cash inflows of $1,000 in each of the first and second years and $2,340 in the third year.What is the project's simple payback period (in number of years) assuming that the cash inflows are received uniformly over each respective year?

Posted Date: May 18, 2024 02:10 PM

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A company can purchase a piece of equipment for $3,180.The equipment has a three-year life and will

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