Business
Business, 18.06.2020 22:57, danejac99

Ataxia Fitness center is considering an investment in some additional weight training equipment. The equipment has an estimated useful life of 10 years with no salvage value at the end of 10 years. Ataxia's internal rate of return is 14%. It's discount rate is also 14%. The payback period on this equipment is closest to:. a. 2.70 years
b. 1.90 years
c. 5.22 years
d. 3.70 years

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