(Answered) Perform the following calculationsnbspabc clinic wants to

Economics

Perform the following calculations:

ABC Clinic wants to buy equipment for $300,000 with projected cash flows of $50,000 per year during the equipment's useful cycle of 7 years.
What is the payback period?
What is the Internal Rate of Return?
What is the present value of $60,000 discounted at 8% annually for 7 years?

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Business Economics, Economics

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