Abdul Corporation bought a new machine,which cost $90,000,has a useful life of 10 years,and will generate annual cash inflows of $25,000.The residual value of the machine is $5,500.What is the payback period?

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The Answer of Abdul Corporation bought a new machine,which cost $90,000,has a useful life of 10 years,and will generate annual cash inflows of $25,000.The residual value of the machine is $5,500.What is the payback period?

Abdul Corporation Bought a New Machine,which Cost $90,000,has a Useful