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If a garden center is considering the purchase of a new tractor with an initial...

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Accounting

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If a garden center is considering the purchase of a new tractor with an initial investment cost of $120,000, and the center expects a return of $32,000 in year one, $21,000 in years two and three, $15,000 in years four and five, and $8,000 in year six and beyond, what is the payback period? years

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