B. Determine the payback period (to the nearest 10th of the year) for the following project:...
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B. Determine the payback period (to the nearest 10th of the year) for the following project: Investment Cost $ 45,500.00 Annual Maintenance cost S 3,500.00 Annual benefits S 8,200.00 Overhaul cost every 4 years S 4,000.00 Salvage value $ 7,500.00 Useful Life in years 11 MARR 10% B. Determine the payback period (to the nearest 10th of the year) for the following project: Investment Cost $ 45,500.00 Annual Maintenance cost S 3,500.00 Annual benefits S 8,200.00 Overhaul cost every 4 years S 4,000.00 Salvage value $ 7,500.00 Useful Life in years 11 MARR 10%
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