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Palmer corp is considering the purchase of a new piece of equipment. the cost savings from the equipment would result in an annual increase in net income after tax of "$100,000" . the equipment will have an initial cost of "$400,000" and have a "7" year life. if the salvage value of the equipment is estimated to be "$75,000" , what is the payback period
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Palmer corp is considering the purchase of a new piece of equipment. the cost savings from the equip...
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