Question: A machine can be putchased for $211,000 and used for five years, yielding the following net incomes, In projecting net incomes, double-declining depreciation is applied

A machine can be putchased for $211,000 and used for five years, yielding the following net incomes, In projecting net incomes, double-declining depreciation is applied using a five-year life and a zero salvage value. Compute the machine's payback period (ignore taxes). (Round poyback period answer to 3 decimal ploces)

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