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The Easton manufacturing Company is looking to replace its conveyor belt system.

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The Easton manufacturing Company is looking to replace its conveyor belt system. A new system will cost $345,000, and will result in cost savings of $220,000 in the first year, followed by savings of $100,000 per year over the following 3 years. If the firm?s cost of capital is 9%, the discounted payback period for this project is closest to

 

Paper#20926 | Written in 18-Jul-2015

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