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Builtrite is considering the purchase of a machine with the following cash flow diagram: year...

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Finance

imageBuiltrite is considering the purchase of a machine with the following cash flow diagram: year 0 spend $50,000 year 1 $15,000 year 2 $20,000 year 3 $20,000 year 4 $15,000 What is the payback period

Question 2 2 pts Builtrite is considering the purchase of a machine with the following cash flow diagram: year o spend $50,000 year 1 $15,000 year 2 $20,000 year 3 $20,000 year 4 $15,000 What is the payback period? 2 years 2.25 years 2.75 years 3 years

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